Torres Jewellery Stores Ponzi scheme Fraud: How 1.25 lakh investors from Mumbai, Navi Mumbai were defrauded of over Rs 1,000 crore. Russian & Ukrainian behind the fraud, Fled India.

https://indianexpress.com/article/cities/mumbai/torres-ponzi-scheme-fraud-uzbek-national-russian-oci-among-3-arrested-locs-against-mastermind-ukranians-9765812/lite/ Company founders John Carter and Victoria Kowlenko are suspected to be the masterminds behind the alleged mass fraud and are suspected to have fled the country.