https://www.taxtmi.com/news?id=34487 The Mumbai Economic Offences Wing is probing alleged investment fraud by Torres operators, who reportedly used a combination of Ponzi and multi-level marketing schemes and are alleged to have launched similar schemes in Bulgaria; the agency is verifying those foreign activities, will share confirmed information with Bulgarian law enforcement, has recovered assets and sought court permission to auction company property to apply proceeds toward investor restitution. en-us Tue, 18 Feb 2025 23:01:03 +0530 Tue, 18 Feb 2025 23:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=34487 The Mumbai Economic Offences Wing is probing alleged investment fraud by Torres operators, who reportedly used a combination of Ponzi and multi-level marketing schemes and are alleged to have launched similar schemes in Bulgaria; the agency is verifying those foreign activities, will share confirmed information with Bulgarian law enforcement, has recovered assets and sought court permission to auction company property to apply proceeds toward investor restitution. News - Tue, 18 Feb 2025 23:01:03 +0530 https://www.taxtmi.com/news?id=34487