India Today

Goodwin, Bad Faith

While Mumbai still nurses the wounds of the PMC Bank scam, yet another case of alleged fraud has come to light.

Goodwin Jewellers, a firm based in Thrissur, Kerala, with 14 outlets in the Mumbai Metropolitan Region, had raised deposits from thousands of investors through its gold deposit and fixed deposit (FD) schemes. On October 22, the firm downed its shutters without warning, and its promoters, brothers A.M. Sudheeshkumar (42) and A.M. Sunilkumar (39), are currently

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