The Economic Offences Wing is investigating the Torres scam and the Crime Branch on Monday raided Torres' office in the Poisar area of Kandivali. Torres' sixth branch was opened in Poisar on December 29. The branch was closed within a week of the scam being exposed. Therefore, it is expected that the raid on this office will bring out some new facts.
More than 9 crore cash seized
New details are emerging every day in the Torres scam. Citizens who invested thousands and lakhs of rupees in Torres have not yet got relief. Investors are still trying to get their money back by going to the police station. The Economic Offenses Wing is investigating the case thoroughly and has seized cash worth more than INR 9 crore from all the offices of Torres in Mumbai.
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Torres inaugurated a new branch in the Poisar area of Kandivali on December 29. However, the branch shut down within just a week. Therefore this branch was neglected. More new information is likely to come to light after the Economic Offences Wing raided the branch on Monday. Further investigation is being conducted regarding this branch.