2 Chinese among 4 held from B’luru for running instant loan app


Team Udayavani, Jan 3, 2021, 9:29 AM IST

Chennai/Bengaluru: Two Chinese and as many Indian nationals have been arrested for allegedly operating instant loan apps.

Investigation, based on a complaint, revealed the prime accused to be operating from China, the police said.

The two Indians had been operating the call centre from Bengaluru and had employed over 100 people to provide quick online loans, they said.

Each employee had been asked to sanction instant loans to at least 10 people in a week and threatened of being sacked if they failed to do so, said the police.

The Chinese nationals ran the call centre with the assistance of the two Indians.

All of them were arrested in Bengaluru on December 31, 2020 and January 1, 2021, according to Chennai Commissioner of Police Mahesh Kumar Aggarwal.

The arrest was made following Ganesan’s complaint stating that he was subjected to agony, abuse, threats and harassment by the online loan app firms over repayment with higher rate of interest, theCommissioner said in a press release.

It was also revealed that another Chinese national was the head of the call centre and he operated from China, the release said.

“We are investigating whether the Chinese are running loan apps targeting only India,” the Commissioner further said. Of late, there have been many instances of app-based money-lenders harassing borrowers over repayment, which led to suicides.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

ED arrests director of Bengaluru-based real estate group on money laundering charges

Stay in forests for 15 days a month to boost morale of personnel: K’taka CM instructs officers

Political motives behind textbook revision in Karnataka: Congress leader Ramanath Rai

Begin comprehensive development of Anjanadri Hills in a month: Karnataka CM

Find land for burial grounds in 1,428 villages: Revenue Department to officers

Guj ATS detains activist Teesta Setalvad from Mumbai day after SC upholds SIT clean chit to Modi

Congress to fight 2023 K’taka polls under collective leadership, says ex-deputy CM Parameshwara


Related Articles More

ED arrests director of Bengaluru-based real estate group on money laundering charges

Stay in forests for 15 days a month to boost morale of personnel: K’taka CM instructs officers

Political motives behind textbook revision in Karnataka: Congress leader Ramanath Rai

Begin comprehensive development of Anjanadri Hills in a month: Karnataka CM

Find land for burial grounds in 1,428 villages: Revenue Department to officers

MUST WATCH

Road Mishap at Sakaleshpur : school teacher end his life

Kinnigoli Crime News

NEWS BULLETIN 23-06-2022

Indian Book Of Records By Shashank salian

Mood swings in humans


Latest Additions

ED arrests director of Bengaluru-based real estate group on money laundering charges

Stay in forests for 15 days a month to boost morale of personnel: K’taka CM instructs officers

Political turmoil in Shiv Sena a battle between truth and lie; we will win: Aaditya Thackeray

Political motives behind textbook revision in Karnataka: Congress leader Ramanath Rai

Hardik relishes captaincy, says it brings best out of him

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.