Thane, Jan 12: The Mira-Bhayandar, Vasai-Virar police on Saturday arrested three persons for their alleged association with the jewellery company that owns the Torres brand, an official said.

The jewellery company is accused of cheating investors of crores of rupees through a combination of Ponzi and multi-level marketing (MLM) schemes.

The official from the Navghar police station said that offences have been registered against the management and staff of the company.

The Mumbai police's Economic Offences Wing has carried out raids in Colaba, Dadar and Dombivali and confiscated important documents, investment papers as well as cash as part of its probe into the alleged scam.

Earlier, a Mumbai police official had said that the magnitude of the scam had reached Rs 18.5 crore and was expected to rise further.

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Denver: A major accident was narrowly averted at Denver International Airport on Saturday afternoon when an American Airlines flight to Miami had to stop takeoff after its landing gear resulted in smoke and fire on the runway.

The Boeing 737 MAX 8 aircraft, operating as flight AA-3023, had 173 passengers on board, all of whom were safely evacuated. However, one person reportedly suffered a minor injury and was taken to the hospital for treatment.

A footage circulating online shows the moment panic-stricken passengers rushed down emergency slides while thick smoke rose from the aircraft’s left rear wheel.

American Airlines, in a statement, said that the aircraft ‘experienced a maintenance issue’ with a tire on the landing gear just before taking off. “All customers and crew deplaned safely, and the aircraft was taken out of service to be inspected by our maintenance team,” the airlines added.

The US aviation watchdog, Federal Aviation Administration (FAA), is investigating the incident which led to the fire after malfunction in the landing gear.