<span style="color: #222222;">Police's Economic Offences Wing (EOW) has taken over the probe against Goodwin Jewellers for allegedly cheating hundreds of investors of several crore rupees.<br />''<br />''Goodwin Jewellers shut its outlets in Thane, Palghar and Mumbai region a couple of days before Diwali, leaving hundreds of people, who had invested in their gold and fixed deposit schemes, in the lurch.<br />''<br />''Deputy commissioner of police Sanjay Jadhav of the EOW said that the case will now be probed by a team of officers from the EOW.The jewellery chain owners, who hail from Kerala, told affected customers that their money was safe and promised to return it.<br />''<br />''The police have booked the owners and shop managers under sections 420 (cheating) and 406 (criminal breach of trust) of the Indian Penal Code and under relevant sections of Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act.</span><br />
News On AIR | October 30, 2019 9:31 AM
Police's EOW takes over probe against Goodwin Jewellers