Mumbai: ED registers money laundering case in Torres Ponzi case

Mumbai, The Enforcement Directorate has registered a money laundering case to probe the Torres investment "fraud" of about ₹38 crore where a number of investors have been allegedly duped, officials said on Tuesday.

The federal agency has taken cognisance of a Mumbai Police FIR to book a case under the criminal sections of the Prevention of Money Laundering Act, the officials said. The case was later transferred to the Economic Offences Wing of the Mumbai Police.