Chinese national behind instant loan apps fraud arrested by Hyderabad police
Hyderabad: In the continuing crackdown against the dubious instant loan apps cheating and harassing people, the cyber crime wing of Hyderabad police has arrested a Chinese national who was trying to escape from the country. 27 year old Zhur Wei alias Lambo was arrested at the Delhi airport almost a week after raids across many cities in India exposed a massive fraud and extortion running into several billions dollars which was transferred out of the country in the form of bitcoins. Arrest of Lambo, who hails from Xiangxi province, has taken the criminal investigations by the police of Telanga...
Source: gulfnews.com