Loan apps chasing the middle-class people..!? Beware..!

Frauds through loan applications are increasing day by day in India. In this situation, the Union Finance Ministry is planning to investigate directly, loan apps that cheat people like credit cards have now entered the market with a new idea. india and nepal have also stepped up their crackdown on fraudulent loan operators and related companies. At this time, loan apps have come up with a new strategy, so people need to be alert. Many apps have been booked in india and cyber police have been caught in several states including Maharashtra.
Loan apps operating in india have changed their company name and app name on google Play. Similarly, to get new customers, they are now advertising on facebook and instagram pages, especially through celebrities who are said to be social media influencers. It has been reported that most of these loan programs are being carried out by Chinese companies and Chinese people. While this is shocking on the one hand, on the other hand, these loan apps are torturing the borrowers.A 34-year-old man from the Bhayandar area of mumbai lodged a complaint with the Cyber Police. In this complaint, on July 30, he downloaded an app called Rupee Tiger, which came through a video on Instagram. But he did not apply for any loan. However, the 34-year-old received a loan amount of Rs 1600 and received a whatsapp message to pay Rs 3000 in the next few days. This was followed by the threat of sending a morphed photo to all the contacts on the borrower's mobile phone. When the 34-year-old asked the loan officer to confirm whether the contacts were actually kept by the agent, the agent shared the mobile numbers of his wife, daughter, and son besides his PAN number and Aadhaar number. He immediately got scared and paid 3000 rupees.Thinking that the problem was over, he again deposited 1600 rupees in his bank account and filed a complaint at the police station asking for 3000 rupees again. With this, the police department has warned the people that fraudulent loan apps are also coming through facebook and Instagram. Cyber expert Swapnil Patil said that RBI has so far removed more than 200 fake loan apps from the Play Store with the help of Google. Meanwhile, Union Finance minister Nirmala Sitharaman has made an important announcement last week.

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loan apps

Sowmiya Sriram

08/08/2022 01:56 PM