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Chinese national among 4 held in Hyderabad in loan apps scam By IANS|   Published: 26th December 2020 6:54 am IST Hyderabad, Dec 25 : A Chinese national was among four people arrested by Cyberabad police on Friday during a raid on a call centre in Hyderabad in the continuing crackdown on illegal loan apps. Cyber crime police of Cyberabad raided Cubevo Technology Private Ltd’s (Skyline) call centre and arrested four employees — Chinese national Yi Bai alias Dennis, Satya Pal Khyalia, Aniriddh Malhotra (both natives of Rajasthan) and Murathoti Richie Hemanth Seth of Andhra Pradesh. Cyberab...

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...

Telangana Police crack down on instant loan apps, 17 arrested ​ By IANS | Published on ​ Wed, Dec 23 2020 0:12 IST | ​ 0 Views Harassment by loan apps claims two lives in Telangana. Image Source: IANS News Hyderabad, Dec 23 : In a crackdown on instant personal loan apps, Telangana Police arrested 17 people in raids conducted in Hyderabad and Gurugram. While Hyderabad police arrested 11 people in raids in Hyderabad and Gurugram, remaining were taken into custody by Cyberabad police during raids in Hyderabad. The action came after three persons committed suicide due to harassment by ...