Navi Mumbai: Seven members of a gang have been arrested by Navi Mumbai cyber police for cheating a 40-year-old orthopaedic surgeon from Kharghar of Rs 1.1 crore after luring him into investing in fake shares online over two months. They claimed that the masterminds were in China and Cambodia. Police said the defrauded money was diverted to at least 118 bank accounts across India, from which Rs 32.5 lakh has been frozen.Three of those arrested lived in Pune, including one who ran a roadside food cart, and worked as ‘mules’ to allow the fraudsters to divert the sums. Vishal Patil, Navi Mumbai cyber police inspector, said the surgeon sent funds to different bank accounts from Sept 2-Oct 8, believing that they were all being used for online share trading. He was shown profits on a fake app. Patil said the three arrested from Pune frequently visited Navi Mumbai and stayed in different hotels and lodges. Their arrest prompted police to inspect around 40 such establishments in Navi Mumbai, which led to the arrest of five others from a hotel. —George Mendonca
Soybean prices rise as China-US truce assessed — TradingView News
By Renee Hickman and Heather Schlitz Chicago soybean prices rose on Wednesday, recovering some of the previous session’s losses, as Beijing’s confirmation that it was cutting tariffs on U.S. farm goods put attention back on a trade truce between the countries. Gains remained capped by the lack of large Chinese purchases of U.S. crops since



