Torres fraud: 7 Ukrainians, 1 Indian accused flee India, Bombay HC cites ‘dereliction of duty’ by police

The Torres brand, tally by Platinum Hern Private Limited, allegedly floated aggregate schemes offering play and important interests, and incentives and costly gifts lured investors. The January 6 FIR claimed that much than 1.25 lakh radical invested money, and the fraud magnitude tin spell up to Rs 1,000 crore.

A seat of Justices Revati Mohite-Dere and Neela K Gokhale has been proceeding a plea by chartered accountant Abhishek Gupta, who claimed to beryllium a whistleblower successful the case, seeking constabulary protection.

During the past proceeding connected January 15, the seat pulled up the constabulary implicit laxity successful uncovering whether the absconding Ukrainian nationals accused successful the lawsuit had near the country. It ordered contiguous interim constabulary extortion for the “whistleblower”.

On Wednesday, advocates Raneet Sangle, Vivek Tiwari, and Priyanshu Mishra for Gupta submitted details of the events successful the lawsuit and the accusation filed by the petitioner to assorted authorities from clip to clip informing them of the happenings successful the Torres case. The tribunal asked the constabulary to spell done the same.

“See, determination determination is dereliction of work also… Nobody has acted with alacrity. But present you (police) volition guarantee the aforesaid does not happen. Now that you cognize the modus operandi successful this case. The different day, it happened successful Sambhaji Nagar. You person to guarantee that your constabulary oregon whoever is looking into it is live to what is happening and instrumentality punctual steps earlier it goes down to specified an grade wherever radical suffer big-time money. There has to beryllium immoderate mechanics wherever astatine the threshold immoderate checks and balances are required,” Justice Mohite-Dere orally told the police.

The seat said the constabulary tin drawback the accused successful specified cases if fiscal quality is utilized properly. Sangle claimed that portion the constabulary believed determination were lone 11 Ukrainians progressive successful the case, astatine slightest 35-40 Ukrainians were progressive successful reality.

“During the people of investigation, conscionable find retired however galore radical were determination arsenic the petitioner said past clip that determination were bouncers who utilized to beryllium astir each the time. So, grounds the statements of the guards and find retired who belonged to which nationality,” the tribunal told police.

Public Prosecutor Hiten Venegaonkar, representing the Maharashtra government, submitted that portion the FIR registered astatine the Shivaji Park constabulary presumption was transferred to the EOW of Mumbai police, the different 4 FIRs registered astatine Navi Mumbai, Navghar, APMC Vashi, and Rabodi (Thane) constabulary stations volition beryllium transferred to EOW, Mumbai, “so that probe tin beryllium done by 1 specialised agency”. He besides submitted that EOW would analyse further whether different radical had complicity successful the lawsuit beyond the 12 named accused.

On Monday, the Mumbai constabulary managed to get Interpol’s bluish country notice issued against 8 overseas nationals allegedly progressive successful the case.