<h1>Mumbai Court Extends Police Custody for Executives in Torres Investment Fraud; EOW Continues Investigation into Rs 38 Crore Scam.</h1> A special court in Mumbai extended the police custody of three senior executives of a private firm involved in the Torres investment fraud until January 18. The scam, involving ponzi schemes operated by the firm owning the Torres jewellery brand, has caused a loss of Rs 38 crore to the Indian economy. The Economic Offences Wing (EOW) has issued Look Out Circulars for 11 absconding accused, including foreign nationals. The police have recovered Rs 17 crore from the accused, and further investigations are ongoing to determine the mastermind and financial origins of the firm.