<h1>Mira-Bhayandar Police Arrest Three in Rs 18.5 Crore Ponzi Scheme Linked to Torres Jewellery Brand Fraud.</h1> Three individuals have been arrested by the Mira-Bhayandar, Vasai-Virar police for their alleged involvement with a jewellery company associated with the Torres brand, accused of defrauding investors through Ponzi and multi-level marketing schemes. Offences have been registered against the company's management and staff. The Mumbai police's Economic Offences Wing has conducted raids in Colaba, Dadar, and Dombivali, seizing documents, investment papers, and cash. The scam's magnitude has reportedly reached Rs 18.5 crore, with expectations of further increases.