Instant Loan Apps Scam 2021
Scam Amount : About 21000 Cr Rupees
Modus Operandi : Provide loan amount through instant loan app >> Collect huge repayments (including interest, processing charges, GST, default charges >> Once the loan period is over they charge 1 per cent penalty and also resort to systematic abusing, harassing, threatening of the defaulters through call centers run by them. They even blackmail the borrowers by sending fake legal notices to their relatives and family members.
Arrested :
Zixia Zhang- China
Zhu Wei alias Lambo- China
Yi Bai alias Dennis- China
Liang Tian Tian- China
Umapati - Gururgram, Haryana
K Nagaraju - Kurnool
Companies included :
Digipeergo Tech Pvt Ltd
Skyline Innovations Technologies India Private Limited
Cubevo Technology Private Limited (Call Centre)
Aglow Technologies Pvt. Ltd.,
Liufang Technologies Pvt. Ltd.,
Nabloom Technologies Pvt. Ltd.,
Pinprint Technologies Pvt. Ltd.
Updated List of Instant Loan Applications-
1) Loan Gram 2) Cash Train 3) Cash Bus 4) AAA Cash 5) Super Cash 6) Mint Cash 7) Happy Cash 8) Loan Card 9) Repay One 10) Money Box 11) Monkey box
Updates :
25/12/2020 : साइबराबाद पुलिस ने एक ऑनलाइन instant loan घोटाले का भंडाफोड़ किया है और एक चीनी नागरिक सहित चार लोगों को गिरफ्तार किया है। पुलिस के अनुसार, उन्होंने एक ऐसी कंपनी में काम किया, जिसने 11 एप्स के जरिए तुरंत लोन की पेशकश की और फिर ग्राहकों को अपमानजनक भाषा और फर्जी कानूनी नोटिस का इस्तेमाल कर भुगतान के लिए परेशान किया।
20/12/2020 : तेलंगाना में ऑनलाइन ऋणदाताओं के उत्पीड़न के कारण तीन की मौत
According to the Telangana Police, the deceased used to take instant loans from apps like InsCash, CashEra, CashLion, Mastermelon, Lucky wallet, Coco cash, Rupee Pus, Indian Loan, Credit finch, Tap credit, Ratheon loan, Cash port, Smile Loan, Credit day, Cash today, Lucky Rupee, Go Cash, Snapit Loan, Loan Zone, Quick Cash, panda rupees, Play cash, Dhani, Lazy Pay, Loan Tap, IPPB Mobile, Micredit, Quick Credit, Cashon, Rupees Plus, Rupee Now, Elephant Loan, Ant cash, Quick Money, and Alp Cash.