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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…

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…

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,…

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…

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…

The loans were once owned only by financial institutions in physical locations, but are now available online. Better yet, it is possible for those with bad credit to get an online loan approved in just a few days. Here are 5 tips…

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…

Many people are strapped for cash but cannot borrow from a bank or financial institution. A personal loan for bad credit would be worth it. All the benefits of taking one are outlined below. Save…

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…

Mumbai-based Vishal Gupta, who lost his father to Covid-19 in May last year, faces a new challenge. Gupta's family paid over Rs 9 lakh for her father's treatment, the majority of which was collected from friends and relatives. Part of…

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…

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…

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…

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…

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…

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…

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…

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…

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…

GLENDALE, California, April 13, 2021 / PRNewswire / - Slick Cash Loan, the company borrowers rely on when they have urgent cash, announced that people can meet their unexpected financial needs through its no credit check loan. With its…

Former US Transportation Secretary Ray LaHood took $ 50,000 from an associate of a billionaire who ran an illegal program providing foreign contributions to US campaigns, federal prosecutors said…

Former US Transportation Secretary Ray LaHood admitted…

Aberdeen chairman Dave Cormack said it was his own money and not Atlanta United's that paid Ronny Hernandez. The Dons spent around £ 700,000 to sign the Venezuela international from Norway club Stabaek last January, who barely!-->…

In the midst of the crisis, Ms. Lhuillier remains committed to her mission of supporting Filipino families through secure and trustworthy financial solutions. True to its name, M Lhuillier Quick Money Loan is a secured money lending…

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…

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…

In the midst of a crisis, M Lhuillier remains committed to its mission to support Filipino families with safe and trustworthy financial solutions. True to its name, the M Lhuillier Quick Cash Loan is a guaranteed money lending…

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…

GLENDALE, California, March 15, 2021 / PRNewswire / - Slick Cash Loan (https://slickcashloan.com/) recently introduced its platform as a way for users to find and apply for loans without credit checks for urgent expenses. Slick Cash…

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…

In recent years, there has been a significant growth in student loans for further education. According to…

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…

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…

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…

(Yonhap)South Korean securities firms generated nearly 1,000 billion won ($ 904 million) in profits from interest paid by individuals who borrowed money to invest in stocks last year, according to data provided Sunday by the Korea…

Cops say such a flaw exposed the bank's Know Your Customer (KYC) mechanism. | Photo credit: BCCL Highlights!--component_10>…

Those who opt for loans through Chinese apps - referred to by that name…

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…

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…

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…

HappyPera is a Filipino technology and financial services company. We provide safe and easy online cash loans for Filipinos to help every Filipino solve their financial problems.ProductionLow interest rate and flexible repayment.Loan…

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.…

ANI | Update: 23 Jan 2021 12:47 STI Hyderabad (Telangana) Jan. 23 (ANI): Three people, including the director of an…

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…

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…

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…

Having enough savings is essential in order to manage your finances well. However, not everyone has readily available savings. When you need cash but don't have enough savings, getting a loan is the answer for you. You can either use a…

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…

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…

Police in Visakhapatnam town on Monday arrested a loan collector for playing a key role in the reported suicide of 25-year-old Mandava Ahalada from Gajuwaka. The arrest was identified as Goutham Mule, based in Pune, working as a loan…

Express news service KOZHIKODE: Cash-strapped Rohith (name changed) from Kozhikode borrowed 10,000 rupees from a Chinese app-based lender for six days in April last year. He had to repay Rs 21,000, including…

A large percentage of instant loan applications have the same software backend, but a different frontend brand. Chinese investors then bring these applications to India with proxy administrators.Bhumana Prasad, a resident of Hyderabad,…

Another case of suicide due to harassment by unauthorized digital lending mobile apps was reported in Telangana on Friday. In Rajanna-Sircilla district, a 24-year-old man ended his life by hanging from a ceiling fan. This is the sixth case…

While tracing the contacts, the CCB team arrested S Manoj Kumar, SK Muthukumar who ran Azacus Techno Solutions Pvt Ltd, Jagadeesh, a distributor of Vodafone, and Sijahudeen, director of territory sales for Vodafone. Two Chinese nationals…

The ED has put under its scanner the alleged fraud cases of instant loan sanction via mobile applications, recently reported from Telangana and Tamil Nadu, as part of its investigation into money laundering in a betting scam in line set at…

HYDERABAD: The Directorate of Law Enforcement (ED) said on Sunday that it had registered a case of money laundering in the instant loan app fraud cases recorded by Telangana police so far . ED officials said it has taken over FIRs set…

The Chinese nationals ran the call center with the help of the two Indians. (Representative)New Delhi: The ED has put under its scanner suspected cases of instant loan sanction fraud via mobile apps, recently reported by…

₹ 21,000 crore involved in 1.40 cr. transactions The investigation into the harassment of borrowers by app-based instant lending companies widened with Hyderabad police enlisting financial experts and data…

HYDERABAD: Another person committed suicide in Hyderabad on Saturday, allegedly after being harassed by debt collectors from instant loan finance apps. G Chandramohan, 36, who worked in a warehouse, was found hanged at his home in…

Two Chinese nationals and as many Indian nationals have been arrested for allegedly operating instant loan apps in Chennai, police said on Saturday. The investigation, based on a complaint, found that the main defendant was operating from…

Hyderabad: A man committed suicide in Petbasheerabad in Hyderabad on January 2 after falling prey to fraudulent instant loan applications. Police said G. Chandra Mohan had taken almost Rs. 1 lakh from various instant micro-loan…

Hyderabad: It turns out that the majority of the victims of the loan application scam are well-educated individuals and IT professionals. Police said they wrote to Google urging it to remove 158 instant loan apps from the Google Play…

BENGALURU: Detectives from the Central Crime Branch (CCB) investigating allegations of extortion and blackmail racketeering carried out by companies promising instant loans via mobile apps have arrested three staff members of one such…

HYDERABAD: CP Shri Sajjanar of Cyberabad Police has asked everyone not to download any instant loan apps from play store. Following the 'Instant Loan' apps scam, police investigated the matter and received numerous complaints over the past…

Investigations into the mobile app lending racket busted by CID revealed that the defendant not only harassed and threatened customers who failed to pay interest or loan repayments, but also hacked into their cell phones, including…

Hyderabad/IBNS: Hyderabad Police have busted a multi-crore money lending scam, run through multiple apps, which charged its targets up to 35% interest and allegedly racked up Rs 423 crore in 75 banks , which were seized for…

A Singapore-based Chinese national is a mastermind behind the instant loan application fraud that has attracted several people in Telangana and elsewhere. App companies charge high interest rates (up to 35%) when providing short-term…

3 centers in Hyderabad employed nearly 600 pagers; these companies received instructions from their bosses in Jakarta In swift action, police in Hyderabad and Cyberabad on Tuesday arrested 17 people, including several heads of…

3 centers in Hyderabad employed nearly 600 pagers; these companies received instructions from their bosses in Jakarta In swift action, police in Hyderabad and Cyberabad on Tuesday arrested 17 people, including several heads of…

HYDERABAD: A law student has filed a complaint with Saidabad police alleging that the organizers of the money lending app harassed him by sharing transformed photos of him and his mother, calling them cheaters after that he was unable to…

A man from Saidabad approached police on Saturday evening, alleging harassment, public humiliation and threats from an app-based instant loan provider. The victim, Sai Aravind Dauluri, a resident of Singareni settlement in Saidabad, told…

Credit is tight this winter, which partly explains the movement seen in PYMNTS' latest ranking of personal loan application providers. As small businesses and consumers seek infusions of capital for a variety of purposes, from buying gifts…

Tribune press serviceShimla, December 5 Cybercriminals trick innocent people, who are in dire need of money in the wake of job losses due to the Covid-19 lockdown, by offering them quick…

Cash loan disbursements in just 1 minute To make the overall customer experience more seamless and convenient, Home…

Taking out a cash loan is a common way to help cover major expenses. These expenses could be for a car, or you need to pay for school, and it could be to cover an advance on your paycheck so that you have the money you need.…

CashJeep is an online loan service aimed at helping Filipinos improve their lives. We are committed to providing fast, quality and convenient service anytime, anywhere.Not all trips have a defined reward. But at CashJeep, we assure you…

The Buddy Loan mobile app - currently available on Play Store - has just received a major update. Now, the app not only allows users to apply for a personal loan in the most seamless way, but also…

Eduardo del Rosario, Secretary of the Department of Human Settlements and Urban Development (DHSUD)…

In order to facilitate and expedite loan applications, Pag-IBIG Fund has enhanced its online service portal to accept applications for its cash loan program. According to senior agency officials, several enhancements were made to…

KEY POINTSCoinbase will soon offer cash loans to its usersHe will hold the client's Bitcoin as collateral for the loanThe company said it would do nothing with the guaranteeCryptocurrency exchange Coinbase has said it will start offering…

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Small businesses that still need a quick buck to help them get through the coronavirus pandemic can no longer rely on the Small Business Administration's loan advance program.The coveted program, which provided immediate help to businesses…

The Reserve Bank of India (RBI) restrictions on lending apps come at a time when questions are being raised about…

BANGALORE - Mrs. Chetna Kadu panics every time her phone rings. For three months now, she has been receiving calls from unknown numbers at all hours of the day and night and her WhatsApp is inundated with non-grammatical messages in all…

Resistance by BMC employees to receiving hard copies of documents submitted by the general public during the Covid-19 pandemic is likely to cause more than one million street vendors in Mumbai to lose the benefits of the loan-to-credit…

This type of loan is suitable for people who have!-->!-->…

Chris Laverty, Trevor O'Sullivan and Helen Dale of Grant Thornton UK LLP were appointed on March 30 as joint directors of parent company Caversham Finance Ltd (CFL), which is the holding company of Brighthouse, the purchase with option to…

OTTAWA (Reuters) - Canada nearly doubled the value of an aid program to help individuals and businesses cope with losses from the coronavirus outbreak, with Ottawa distributing more money than expected, said Finance Minister Bill Morneau…

Just like your family budget, cash flow can be a problem for small businesses. And there is no shortage of lenders to offer quick and temporary financial assistance. Rick Hagen signed up with one of them to help him manage…

Easybuy is a mobile device finance platform operated by Palmcredit, consumer credit company. With this platform, users can buy mobile phones and other devices on credit and repay in more comfortable monthly installments. Smartphone prices…

IF YOU purchased furniture and appliances in the courts and paid for them in cash, you will not…

Financial emergencies can arise at any time and you may need instant funds to deal with them. One of the best ways to get immediate cash is to take out a personal loan. The banking and finance sector has grown…

The government is reducing the limit for accepting and repaying cash loans to 10,000 rupees in total; expenditure limit in total also reduced…

The Securities and Exchange Commission (SEC) has ordered online platforms Peso Tree, Pesoalo and Pinoy Cash Loan to stop offering loans to the public without the necessary licenses. The SEC en banc issued the order on Jan.21,…

Online lending companies ridiculed debtors and charged sky-high interest rates, says Securities and Exchange Commission MANILA, Philippines — The Securities and Exchange Commission (SEC) has ordered the closure of…

Shivani Siroya, an Indian-American entrepreneur, is the mastermind behind App Tala Loan (originally InVenture) which operates in Kenya, Tanzania, Philippines, India and Mexico.The lending app was launched in the country in 2014 as a Mkopo…

Kenya's progressive regulatory environment and high levels of financial inclusion make it one of Africa's fintech leaders. Over 60% of Kenyans own a smartphone and more than one in four (27%) have taken out a digital loan. The Central…

If you were heading to a loan mela - much like a typical fair under a ceremonial tent - with a penalty and on-the-spot disbursement in mind, you were wrong. On the first day of the mega-deployment, more than three decades after…

A payday loan app backed by rap legend Nas is under scrutiny from regulators in 11 states and Puerto Rico for practices described by Forbes as "predatory".To earn was valued at more than $800 million, but drew scorn from state officials…

ATLANTA, GEORGIA - AUG 26: (EDITOR'S NOTE: Image has been converted to black and white) Rapper Nas... performs in concert during 'The Royalty Tour' at Cellairis Amphitheater in Lakewood on August 26, 2019 in…