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Harassed by online lending app operators, Hyderabad man commits suicide
Unable to bear the harassment from app operators, Rajkumar killed himself on Monday at his home in Jiyaguda, within the confines of Kulsumpura police station, police said.
Harassment by operators of an online loan application…
Shadow of loan application officers hangs over driver’s suicide | Hyderabad News
Hyderabad: Two days after a 22-year-old driver committed suicide by hanging at his home, his friends informed the police that harassment by loan app operators may be the reason for the suicide. To find out the truth, the police sent the…
Harassment by online loan app drives another man to suicide
Hyderabad: Harassment by operators of an online loan app has led a youngster to suicide in Hyderabad. Unable to bear the harassment from app operators, Rajkumar hanged himself on Monday at his home in Jiyaguda, within the confines of…
Harassment by online loan app drives another man to suicide in Hyd – Hyderabad, Karnataka,…
HyderabadApril 19: Harassment by operators of an online loan app led a youngster to suicide in Hyderabad. Unable to bear harassment from app operators, Rajkumar He hanged himself at his home in Jiyaguda below the Kulsumpura police…
Delhi police arrest 5 behind Chinese loan application for extortion
Delhi Police Cyber Cell has arrested five people from Delhi, Haryana and Uttar Pradesh for allegedly abusing and extorting borrowers from a loan application, police said in a press release. The extorted amount was being sent to China,…
Bombay: Caller of ‘online loan app’ turned photo of financial consultant to defame him |…
MUMBAI: Police are looking for an unknown person who morphed the face of an Andheri resident and used it in objectionable photos and sent the same to his family members, friends and relatives on Saturday. The 38-year-old finance consultant…
Loan Application Sharks Haunt Customers, Bite Even After Debt Settlement | Hyderabad News
HYDERABAD: Harassment of debt collectors hired by instant loan apps has had serious repercussions. This led to anxiety and even suicide among the loanees. Here are five case studies that highlight the modus operandi followed by these…
Cheating case against a dozen loan application companies | Bangalore News
BENGALURU: The Cybercrime Police have registered a scam case against a dozen private companies, allegedly run by Chinese nationals or companies to plunder money from innocent people by giving them instant loans through mobile apps. On…
Defunct CashMama and Loan Zone, MeraLoan Leaks Sensitive Customer Data, Report Says
Personally Identifiable Information (PII), such as passport photos, loan agreements, and other files exposing a wide variety of sensitive data, such as full names, email addresses, national ID cards, phone numbers, bank accounts containing…
China-linked loan app implicated in extortion, multi-crore fraud busted in Delhi, 8 arrested
The Delhi Police's Intelligence Fusion and Strategic Operations (IFSO) unit has busted a gang allegedly involved in illegal lending, extortion and harassment of borrowers, in the nation's capital.A total of eight people have been arrested…
Delhi police arrest three more
On Sunday, Delhi Police's IFSO unit had arrested eight people for allegedly extorting money from people using their transformed photos…
Multi-crore Chinese loan app fraud and extortion racket busted, 8 detained (Ld)
In a major operation, Delhi police busted a multi-million dollar Chinese loan application fraud and extortion racket and arrested eight people from different parts of the…
Best Small Loan App in India
When researching loan applications online, you need to think carefully about a myriad of factors that can establish the credibility of the application in question. The best small loan applications are those that are…
Follow these 4 steps to get a personal loan from the Fullerton loan app
By- Ankit Sharma
Personal loans are immediate loans that are sanctioned in a quick turnaround time. It is a perfect loan to borrow money to meet emergency personal expenses. These loans are unsecured loans, which implies that you do not…
Beware of the Koko Loan App! Scammers credit money, ask twice – The New Indian Express
Express press service
BENGALURU: As cybercrime is on the rise in India, Karnataka's cybercrime branch is asking victims to file complaints immediately, but little action is being taken against the crooks. One such…
Hyderabad police arrest Bangalore duo operating loan app call center
More than a year after Telangana police began cracking down on loan app companies that tormented defaulters with heavy interest, abusive appeals, these businesses are still thriving.Hyderabad Police last week arrested two people residing in…
Hyderabad Police Allege Loan App Fraud Led By Chinese National, Two Arrested
Hyderabad Police have dismantled a fraud case linked to a loan application run by a Chinese national in Bengaluru. Police have arrested two defendants identified as Shabbir Alam (36) and Umakant Yadav (30), both…
T Cops Bust B’luru Loan App Fraud Run From China, 2 Inmates | Hyderabad News
HYDERABAD: Telangana police have arrested two Bengaluru men who were extorting money from victims of Chinese loan applications, establishing the fact that Chinese fraudsters are back in business. The arrested defendants were identified as…
Instant Loan App, Online: Data Security Credit Score, Everything You Need to Know
Rapid digitalization, accelerating internet penetration and the global pandemic have heightened business operations and customer expectations. No industry or sector is immune to the transformative effects of digitalization, not even the…
FairMoney MFB, from lending app to full-fledged microfinance bank, bridging the gap in financial…
The need for access to credit to cover personal and business expenses cannot be overemphasized, especially as a huge equalizer in the growth and development of the economy.
Despite the fact that more than 55 countries have…
Loan Application Trap Humiliations
Many companies have hired teams to track down people and even their families
There was a time when morons reached the doors of a defaulting loan or seized their vehicles in the middle of the road. However, with the changing times, loan…
Ed Gets Hc Relief In Loan Application Cases | Hyderabad News
HYDERABAD: Giving some relief to the Law Enforcement Directorate (ED), which investigates Chinese loan enforcement cases, the High Court on Tuesday ordered a standstill on the 270 crore seizure made by the agency from the accounts of PC…
Get Fast Disbursement On Your Loan With The Fullerton Loan App | India is blooming
Personal loans are unsecured financial instruments that help you when you need money to achieve your goals or dreams. In case of emergency and you don't have time to go to the lender's office and complete the formalities, you can apply…
Best and Fast Cash Loan App in India 2022 | India is blooming
The digitalization of the Indian financial sector has been a blessing for those who have not been able to receive funds through traditional lenders for various reasons. The availability of many cash loan apps on play store and app…
Nine Tips to Consider Before Using a Payday Loan App
by: Better Business Bureau
Job : 20 Feb 2022 / 7:58 p.m. CST
Update: 20 Feb 2022 / 7:58 p.m. CST
Do you need extra cash to tide you over until payday? Several apps…
Financial Distress Drives Rise in Loan App Scams | Pune News
PUNE: Financial problems during Covid-19 have caused an increase in the number of instant loan apps on Android Play Store, created for the express purpose of money fraud and cybercrime, police said. Pune cyber cell officials said the number…
complaints pour in against loan application extortion | Chennai News
Chennai: The city's police cybercrime wing is investigating at least half a dozen complaints received in the past two weeks from people claiming they were threatened by 'staff' of apps. ready. Police are also investigating the possibility…
Chinese loan app developer Walvekar released on bail in Telangana High Court – The New Indian…
By Express press service
HYDERABAD: Telangana High Court Judge Kanneganti Lalitha on Wednesday granted conditional bail to Pavitra Pradeep Walvekar, the promoter, director and CEO of 'Kudos', in the Chinese loan…
Bimzukash loan app offers Nigerians better repayment plans,
Nigerians seeking loans in recent months have found relief with Bimzukash, a loan servicing company that provides payday advances and business loans in minutes with the first loan of up to N100,000 to N1,000. 000 N and subsequent…
Using a cash advance loan app? Proceed with caution
BBBSometimes you need extra cash to tide you over until payday. Several apps are keen to provide this service, promoting themselves as an easy, interest-free way to get a small loan. However, not all cash advance apps are created equal.…
29-year-old man harassed by stranger
New Delhi: A case of cheating came to the attention of the Delhi Police Cyber Unit where an employee of a public sector continuously received threatening messages from a loan company providing the app 'Koko cash loan' on his Whatsapp…
India’s loan apps prey on the unbanked as harassment mounts
When V Rajapandian was fired from his job at a heat treatment plant in India, the reason had nothing to do with performance or declining income. Instead, his boss offered a particular explanation: After Mr. Rajapandian failed to repay a…
Follow These 4 Steps to Get a Personal Loan from the Fullerton Loan App – NewsGram
By- Ankit SharmaPersonal loans are immediate loans that are sanctioned in a quick turnaround time. It is a perfect loan to borrow money to meet emergency personal expenses. These loans are unsecured loans, which implies that you do not…
Lending app transfers your secrets to scammers | Ahmedabad News
AHMEDABAD: Cyber crooks have added blackmail to their arsenal: their lending apps also extract personal and potentially embarrassing information, which is then used as leverage to extort money from targets. Even some cops have been…
ED attaches Rs 77.36 Cr in cash to Kudos Finance
Hyderabad: In the ongoing investigation against the instant loan application case, the Enforcement Branch has tied up money worth Rs 72.36 crore in various bank accounts and payment gateways of Kudos Finance and Investments private limited,…
Man screams after loan app publicly announces his obituary for unpaid debt
A Nigerian man identified as Azuwuike Chinedu has shouted on social media after a loan app released his obituary over an unpaid debt.
According to Azuwuike via Facebook, a loan app posted his obituary after he failed to repay…
mPokket lending app will hire over 1,500 employees in 2022
Mumbai: Instant loan app mPokket, which provides loans to students and young professionals, announced on Thursday that it will onboard more than 1,500 employees in 2022, across its various verticals.…
Manager Jobs, Good Pay, No Work: How the Loan App Scam Works
When Hemanth and his friend Chiranjeevi approached the police earlier with a cheating complaint against a company that had recently hired them, little did they know they would be part of a massive mobile loan app scam with alleged links.…
Manager jobs, good pay, no work: how the loan application scam works
When Hemanth and his friend Chiranjeevi approached police earlier with a fraud complaint against a company that had recently hired them, they had no idea they would be part of a massive mobile loan app scam with suspected links. with…
Hyderabad Cybercrime Police to File Charge Sheets in Loan Application Cases
Published: Updated on - 23:07, Tue - 21 December…
ED crackdown on owners of Cashbean loan app continues, Rs 300 crore tied – The New Indian…
Through Express news service
NEW DELHI: The Directorate of Execution (ED) seized an additional amount of Rs 51.22 crore lying in bank and virtual accounts with payment gateways of financial technology company PC…
The Evolution of the FairMoney Microfinance Bank in Nigeria; from a loan application to a NeoBank
This article is a Press brand Publish. Press brand is a paid service for brands that want to directly reach Techpoint Africa's audience. The Techpoint Africa editorial team does not write Brand…
The Evolution of FairMoney Microfinance Bank in Nigeria; from a loan application to a NeoBank
Over the past 7 years, a good number of lending platforms have sprung up in Nigeria. Rightly so, as access to financial inclusion remains a major scourge for many Nigerians. Access to credit to cover personal and business…
Ranking personal loan applications See the perfect score
Whatever your lending plans, you want to make sure the lender is the right one for you and that their app is the one that can get the job done.
The PYMNES Ranking of personal loan application providers is here to help. In this monthly…
In Bengaluru, an illegal Chinese loan app that charged exorbitant interest and shared personal…
Through Express news service
BENGALURU: Central Crime Branch (CCB) police raided a financial firm allegedly run by Chinese nationals who provided loans to the public and then harassed them by charging outrageous…
The IT department descends on the instant loan application company; Rs 500 crore in funds illegally…
A fintech company that provided instant loans through a mobile app was found to have repatriated "non-genuine" funds of Rs 500 crore overseas, the CBDT said on Wednesday. The information was gathered by the Income Tax Department after…
cbdt: IT department descends on instant loan application company; Rs 500 crore of funds illegally…
A fintech company that provided instant loans through a mobile app was discovered to have repatriated "non-genuine" funds of Rs 500 crore overseas, the CBDT said on Wednesday. The information was gathered by the Income Tax Department after…
The IT department descends on the instant loan application company; Rs 500-cr illegally transferred
A fintech company that provided instant loans through a mobile app was discovered to have repatriated "non-genuine" funds of Rs 500 crore overseas, the CBDT said on Wednesday.
The information was gathered by the Income Tax…
Kopakash mobile loan application; how to download, register and apply
Kopakash is a digital lending platform, which charges service fees based on the product you choose, which is used for credit score assessment, account management, and payment fees.
KopaKash can provide a quick loan to help anyone in…
Cashalo loan app targets growth in the south with expansion in Cebu – Back End News
The Fintech Cashalo platform expands its presence in the Visayas with the introduction of its Shop Now, Pay Later service in Cebu, in partnership with the main shopping center operators.
“We see a huge opportunity for growth in the…
Instant loan app racket busted in Gurgaon, two arrested | Gurgaon News
Gurgaon: Cyber Police in Gurgaon busted an instant microloan lending racket conducted through a mobile phone app and arrested two people from the company's call center in Sector 58. Police said the accused used the mobile app to offer…
Law Enforcement Branch seizes Rs 131 crore from Chinese loan application company for violating FEMA…
HYDERABAD: Enforcement Directorate (ED) seized Rs 131 crore lying in bank accounts and virtual accounts with payment gateways belonging to lending app company PC Financial Services (PCFS) Private Limited under provisions of the Foreign…
Robocash Group launches personal loan application in the Philippines
The Robocash group has deployed the UnaCash personal loan application in the Philippines.
UnaCash allows customers to get credit online and borrow up to $ 600 (£ 440) for one to six months.
The maximum loan amount will be…
Personal loan application ranking a puzzle
Personal loans take many forms these days and using apps to get them is our favorite.
Why? This should be obvious as this is the PYMNTS provider ranking of personal loan applications. It's just the way we do things here. And while this…
Cash Advance – TSAIP Loan Application by TSAIP OOO
Apply in as little as 5 minutes and get an instant decision on loan approval. Our online loan application is available 24/7!Get Emergency Fund & Personal Loan When You Need Money Via Cash Advance - TSAIP Loan App! You can apply for a…
Beijing to ask Ant’s Alipay to create separate loan app – SupChina
Beijing to ask Ant's Alipay to create separate loan app - SupChina
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Loan application fraud: Banker detained by Hyderabad cops for unfreezing accounts | Hyderabad News
HYDERABAD: The manager of a branch of ICICI bank in Calcutta has been arrested for siphoning Rs 1.18 crore from accounts frozen by the Hyderabad police cyber cell as part of his investigation into fraud fraud loan application. Defendant…
ED Seizes Rs 107 Crore From Chinese Loan Application For Violating FEMA Rules
The Enforcement Directorate (ED) seized 106.93 crore rupees from bank and shadow accounts of the non-bank financial corporation (NBFC) PC Financial Services Pvt Ltd under the provisions of the Law on Foreign Exchange Management (FEMA),…
ED seizes funds worth Rs 107 Cr from Chinese loan application company for FEMA violation
The Enforcement Directorate (ED) said on Thursday it had seized funds worth around Rs 107 crore from a Chinese-controlled NBFC, engaged in providing instant personal loans through an internet app, to alleged violation of foreign…
Personal Loan App Rankings Make Digital Shimmy
What is all this then? Changes in the ranking of PYMNTS providers of personal loan applications?
Normally we don't use salty language, but… Holy Moly.
Certainly, there are pressures on everyone in the space, from rates to loan repayment…
Using a crypto lending app to bring financial services to excluded groups in Africa – Bitcoin…
In much of Africa, many people still do not have access to basic financial services for many reasons. One of the reasons is that financial institutions have set standards or thresholds that prevent even low-income people from…
Ranking of personal loan application providers wins Staring competition by standing still
Are you bored? A thousand pardons, but what can we do when the ranking of providers of personal loan applications seems more frozen than the atomic clock of the US Naval Observatory?
This thing just doesn't change. It's like watching the…
Three of four Chinese nationals arrested in Telangana police loan case get bail
Only one of Hyderabad's three police stations filed a preliminary indictment within 90 days of his arrest, to prevent the release on bail of one of the main defendants.Three of four Chinese nationals arrested in December 2020 for allegedly…
No Charges Filed, 3 Chinese Nationals in Loan Enforcement Case Obtained Bail | Hyderabad News
Hyderabad: A nationwide investigation into the case of an illegal instant loan application involving Chinese nationals took a heavy blow when three of the four alleged Chinese leaders were granted conditional bail, after two commissioners…
Lidya, a loan app founded by Nigerian Tunde Kehinde, raises 3.41 billion naira ▷ Legit.ng
More than 3.41 billion naira has been raised by the Nigerian financial technology firm, Lidya, as the company's total funds raised in the past four years reach 6.78 billion nairaThe new capital was raised from investors such as…
SIDBI India SME Investments backed PE fund invests in KreditBee personal loan application
The company follows a dual model of flagship stores (for catering to small stores) and concession stores (for retail customers).The private equity fund backed by SIDBI India SME Investments has expanded its portfolio in the banking,…
Loan Application Case: Rs 1.18 crore siphoned from Kolkata bank account | Hyderabad News
Representative imageHYDERABAD: Armed with fake letter, fraudsters posed as cybercrime perpetrators and managed to transfer Rs 1.18 crore from Kolkata bank account, previously frozen at police request of Hyderabad, in the multi-city loan…
Emergency officer booked for a transplant in a loan application case
Hyderabad: The Central Bureau of Investigation (CBI) brought action against Lalit Bazad, agent of the Execution Directorate (ED) of Bengaluru, for allegedly accepting a bribe of 5 lakhs to unfreeze a professional account by Finvest Loan…
Instant loan app scam: Telangana cops file indictment against Chinese apps
The police investigation revealed that Rs 21,000 crore had been transferred from India to China via Indonesia.Hyderabad Cybercrime Police have filed a charge sheet in the Instant Loan Enforcement case, where Chinese nationals allegedly…
Zions digital PPP lending app pays off for pandemic-ridden small businesses
The COVID-19 pandemic has proven detrimental to most businesses, but the mom-and-pop shops that dot the country's shopping landscape have suffered badly, missing the larger coffers that have helped businesses stay afloat during the…
Ranking of personal loan application providers
Consumer lending and borrowing has been a story of worry and wonder since COVID-19 appeared to trigger a capricious series of economic disasters. Businesses continue to face good resistance to borrowing money. Consumers are having a…
ED Ties Assets Worth Rs 76 Crore In Chinese Loan Application Scam
Illustration for representational purposes (Siddhant Jumde) The Directorate of Execution (ED) has tied up money to the tune of Rs 76.67 crore, located in various bank accounts and payment gateways, in connection with Chinese loan…
ED Ties Rs 76.67cr in Chinese Loan Application Fund – The New Indian Express
Through Express news service
BENGALURU: The Directorate of Enforcement (ED) issued a provisional seizure order for Rs 76.67 crore found in various bank accounts and payment gateways of seven Chinese loan…
Execution branch seizes more than 76 crore rupees in Chinese loan application cases
Probe Agency seizes more than Rs 76 crore in assets in cases of Chinese loan applications. (Representative)New Delhi: The Enforcement Directorate seized assets worth more than Rs 76 crore, including certain financial…
Chinese loan application case: ED attaches 76.67 crore
The Enforcement Directorate (ED) tied 76.67 crore in various bank accounts and payment gateways relating to the Chinese loan enforcement case. Chinese companies and their Indian associates are questioned for granting loans at exorbitant…
ED Ties Rs 76.67 crore of Chinese Firms in Instant Loan Application Fraud Cases
The Enforcement Directorate (ED) issued a provisional seizure order under the Prevention of Money Laundering Act 2002 (PMLA) tying Rs. 76.67 Crore, lying in various bank accounts and payment gateways owned by Chinese loan application…
Branch mobile lending app buys Kenyan bank
Popular mobile lending app "Branch" has received regulatory approval to buy majority shares in Century Microfinance Bank Limited. A notice in the Official Gazette dated Friday 7 May said that Branch International Limited had been authorized…
Soon the Clubbed accusation sheets in a loan application fraud case: police
Hyderabad Cybercrime Police are poised to file bludgeoning indictment sheets in alleged multi-crore financial fraud involving app-based instant loan companies. The alleged fraud was perpetrated by a Chinese national and his associates…
Instant Loan Application Case: Director of Financial Firm Linked to Money Lending Application…
Last month, the government announced a dedicated portal, effective July 1, 2021, allowing sellers to file claims for alleged violation of the Government Procurement Ordinance (Preference to be done in India), 2017 (Representative image) )A…
Cash-strapped man falls for loan applications and loses Rs 6,000
A man who wanted to take a to lend of Rs. 40,000 for a need, Rs lost. 6,000 after falling in love with a fake app. He was looking for a loan application when he found Aadhaarcash on Play store and after looking at the reviews he…
links and step by step guide Tuko.co.ke
How do I download the Tala loan app to my device? This is probably the main question that comes to your mind if you are using the service for the first time. There is no need to panic because the process of downloading the app to…
Unregulated tech supermarket fuels loan app scourge in India
When Inditrade Capital, a 29-year-old Indian financial services firm, decided to jump into the digital lending game in 2019, it realized it couldn't do it on its own.
He needed a partner to help him reach people from all over…
SLOAN App Review – The Best Student Loan App
In recent years, there has been a significant growth in student loans for further education. According to…
Director of 9 companies owned in Hyderabad – The New Indian Express
Through Express news service
HYDERABAD: As part of the ongoing investigation into the illegal activities of online lending apps, the city's cybercrime police have arrested a 27-year-old who sits on the boards of…
Director of nine companies held in loan application fraud
Chinnabba Rajashekar, 27, is from Chittoor district in Andhra Pradesh and works in Bengaluru.
Continuing their investigation into alleged financial fraud by app-based loan application companies, Hyderabad Cyber Crime Police on…
TRS MLC Kalvakuntla Kavitha Extends Aid to Chinese Victim’s Family with Loan Application |…
HYDERABAD: TRS MLC Kalvakuntla Kavitha has come forward to help the family of G Chandramohan who recently committed suicide on January 2 due to the harassment of a Chinese loan application. She met with family members on Sunday and…
How to manage your expenses with Fullerton India personal loan application?
Time is precious, as is a timely loan to meet various demands. When faced with an urgent need for funds, the best way to fill the void is not to dip into your savings, but to apply for a loan through the lender's website or a instant…
Loan application fraud: Hyderabad cops find Rs 1 cr in Delhi day laborer’s bank account
Cops say such a flaw exposed the bank's Know Your Customer (KYC) mechanism. | Photo credit: BCCL
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COVID-19: Chinese loan application trap drives Keralites to despair
Those who opt for loans through Chinese apps - referred to by that name…
A month later, the family of the victim of a loan application waits in vain for help – The New…
Express news service
HYDERABAD: It has been a month since Gujja Chandramohan committed suicide following harassment by executives of instant loan application companies. His widow, Saritha, 32, still struggles to come…
Police interact with RBI officials on loan application fraud
The Hyderabad, Cyberabad and Rachakonda Police Stations investigating alleged financial irregularities by instant loan application companies held a meeting on Friday with the task force appointed by the Reserve Bank of India to define how…
Operation Hafta Vasooli: “loan application scam”! Transactions worth over 25,000 rupees…
After reports of suicides for defaulting on their debt began to surface across the country, police took action and accelerated the investigation into the racketeering of online loan applications. Just yesterday, the Telangana High Court…
Chinese link established in loan application scams, 4 arrested
Hyderabad: A month after Telangana police began cracking down on illegal instant loan applications following the suicide of five people, the investigation revealed a deeper Chinese connection to the scam.…
3 detained in Telangana loan application fraud case
ANI |
Update: 23 Jan 2021 12:47 STI
Hyderabad (Telangana) Jan. 23 (ANI): Three people, including the director of an…
Three other detainees in a loan application case
Three are from different companies that offer loans through mobile phone apps
Three people, including the director of an application-based instant loan company, were arrested by Pet-Basheerabad police on Friday in connection with the…
Cyberabad Police Arrest Three Over Illegal Loan Application Fraud
Hyderabad: Three people, all senior executives of companies that operated illegal online instant loan apps, were arrested by Cyberabad police on Friday in connection with the alleged suicide of Chandra Mohan, a supermarket employee who…
Kerala Sets Up Crime Branch Task Force to Investigate Loan Application Scam
Several complaints about fraud in online loan applications have been registered across Kerala.A special team from the state's criminal branch will investigate online loan application scams in Kerala. The team is headed by an IG rank…
Harassment of TMKOC writer’s family by lending app companies continues even after his death
Nearly two months after the death of a soap opera author suicide due to alleged bullying by loan sharks on mobile apps, his family received threats about loans he either never took out or repaid in full.
Charkop Police have now registered…
Telangana: police arrest another Chinese national in loan application scam
In their ongoing investigation into instant loan applications, Rachakonda police arrested another Chinese national on Wednesday. The 26-year-old Chinese national, identified as He. Jian, alias Mark, is from China's Jiangxi Province. He…