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Chinese digital lending app loan fraud: 12 arrested from Noida call centre

14 Dec 2022

Noida Cyber Police has arrested 12 people linked to a Chinese digital lending app through which they duped several people and harassed them into repaying 10 to 20 times of the loan amount which were as little as Rs 3000 to Rs5000 were arrested. Once the loan is not fully returned the cyber fraudsters would then threaten to share their objectionable morphed images which they stole from the mobile phone on which their App is loaded, pressuring them into repaying higher amounts.


The call centre was set up in Sector 63 of Noida and police seized Rs 1.50 lakh cash, 36 desktop computers, 15 laptops, eight smart phones, 135 sim cards, among other items from the spot, Deputy Commissioner of Police (Cyber Cell) Abhishek Verma said. Tuli, the mastermind of the gang, was associated with a Chinese national named Dave, and the app had its server in China.


People to not use loan apps like Freecash, Mastermelon, Cashon, LoanEase, CrediPay, RupeeStar, EasyCredit, MartRupee and TruBalance.


It is strongly recommended that do not take loans from any App which is not owned by NBFC authorised and listed by RBI online.

Source: Zee Business

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