Investors on edge as offices of financial firm 'Torres' found locked

Thane: Hundreds of investors on Monday protested after finding the office of an investment firm locked in Navi Mumbai amid allegations of a scam, police said.

Many investors claimed they had invested their life savings in the Torres Company's schemes which promised them substantial returns over a decade.

Protests erupted when several investors found the company's offices in Dadar, Mumbai, and Bhayandar in Thane district locked. A showroom of the firm in Mira Bhayandar area was also found shut since morning.

Navi Mumbai Police personnel reached the spot and dispersed the crowd.

It has been reported that Torres Company (Torres Investments) has committed a fraud of about 3 thousand crores. The police have registered a case against five people in this case. These include Sarvesh Surve, Victoria Kovalenka, Taufik Riaz alias John Carter, Tania Casatova, Valentina Kumar.