Nabloom Technologies Private News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Dummy directors, identical websites, lucrative rewards: The making of a Chinese betting shark Dummy directors, identical websites, lucrative rewards: The making of a Chinese betting shark Investigators reveal that upon downloading these loan apps and applying for a loan, the phone numbers of the borrowers/customers and their family members are instantly shared by the lending firm to their tele-callers and loan agents. Defaulters are threatened with messages containing fake FIR case numbers. advertisement UPDATED: January 15, 2021 12:40 IST Hundreds of complaints and several suicides have forc...

Updated Dec 24, 2020 · 06:26 pm Representative Image | AFP The Hyderabad and the Cyberabad police have arrested 17 people in connection with an app-based instant microloan lending scam, The Hindu reported on Wednesday. The police arrested 11 people from Delhi and Gurugram, six others from Hyderabad, and also registered 23 cases against the instant loan companies. The scam came to light after three people killed themselves in the past few weeks following alleged harassment from the debt collectors of these companies. The Hyderabad police then conducted raids in H...

How instant loan apps are extorting borrowers in Telangana How instant loan apps are extorting borrowers in Telangana | India Today Insight The Telangana police have made 11 arrests following growing complaints by loan seekers of harassment at the hands of dubious loan companies advertisement Illustration for representational purposes (Siddhant Jumde) D.S. Aravind, a resident of Hyderabad, borrowed Rs 3,500 from an instant loan app in November, but the finance company, MyBank app, disbursed Rs 2,600 after deducting process fees and interest. As Aravind repaid on time, i.e. a week, the company...