[ad_1]
MUMBAI: Tausif Riyaz, CEO of Platinum Hern, the company that owns Torres Jewellers, has been arrested from a hotel in Lonavala, police said on Sunday.
The police are investigating the multi-crore Torres Jewellery investment fraud.
Riyaz is the fifth person to be taken into custody in connection with the case.
He had traveled from Patna and was staying at the hotel when the police received a tip-off and apprehended him. Riyaz was presented before a court, which remanded him to police custody until February 3.
Earlier, the police had issued a lookout circular (LOC) against him.
[ad_2]
Source link
