https://www.taxtmi.com/news?id=30269 A money laundering investigation under the Prevention of Money Laundering Act was registered after an FIR alleging a Ponzi-style fraud linked to the Torres jewellery brand; the Enforcement Directorate has taken cognisance, is gathering evidence, interrogating arrested executives, issuing Look Out Circulars for absconding suspects, tracing assets and transactions as investigators seek promoters, financiers and the alleged mastermind behind the company that operated the scheme. en-us Tue, 14 Jan 2025 20:31:03 +0530 Tue, 14 Jan 2025 20:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=30269 A money laundering investigation under the Prevention of Money Laundering Act was registered after an FIR alleging a Ponzi-style fraud linked to the Torres jewellery brand; the Enforcement Directorate has taken cognisance, is gathering evidence, interrogating arrested executives, issuing Look Out Circulars for absconding suspects, tracing assets and transactions as investigators seek promoters, financiers and the alleged mastermind behind the company that operated the scheme. News - Tue, 14 Jan 2025 20:31:03 +0530 https://www.taxtmi.com/news?id=30269