Torres Scam Jewellers fraud

The Torres Scam highlights breaches of the Indian Penal Code under sections dealing with fraud, forgery, and criminal conspiracy

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Money laundering under the Prevention of Money Laundering Act is a key legal aspect of the Torres Scam

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Victims can file civil suits for recovery of defrauded funds under the Code of Civil Procedure

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Cybercrime laws under the IT Act address the digital methods used in financial scams like the Torres case

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SEBI regulations scrutinize financial entities involved in fraudulent schemes targeting investors.

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Criminal liability under Section 420 of the IPC is central to prosecuting financial fraudsters

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Whistleblower Protection Act safeguards informants exposing scams like Torres from retaliation

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The RBI's ombudsman framework helps victims seek redressal for financial losses due to scams

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Legal awareness campaigns emphasize due diligence in investment decisions to prevent scams

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Class action lawsuits are an emerging trend for collective action against large-scale financial fraud

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Convictions in financial fraud cases often set legal precedents, shaping future jurisprudence

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