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chinese loan app scam

Chinese loan app steals over Rs. 10 crores as part of latest online scam! Know all about it here

In a shocking incident, police have arrested four people in connection with a Chinese loan app racket that stole more than Rs. 10 Cr from victims by threatening and abusing them. Know how this online scam worked. Loan scammers are heavily relying upon digital infrastructure to propagate the crimes and swindle victims in a wider geography. In a recent incident, a loan app has surfaced which would scam people by promising easy payout without paperwork or credit