Pune : Fraud gang busted through loan app; Pune Police freezes thousands of accounts, arrests 18 people

Loan App Scam :

Some apps have come up to get instant loans. Due to this, the types of online frauds have also increased a lot. Illegal lending apps have become rampant in India. The business of robbing customers is going on in full swing.  Let us know how online extortion is done on common people’s money.

What exactly is Loan App Scam?

The accused who were arrested by the Pune police in this case had the data of almost one lakh people.  In other words, these online robbers had prepared to cheat about one lakh people through 16 apps. Your data, photos are captured and sent to people in your contact list.  Police investigation has revealed that even foreign syndicates are working behind these robbers who demand money in return.  

Robbers have used  millions of SIM cards to make phone calls.  Accounts from which the money was taken were all those who were less educated or laborers who were created with Aadhaar cards and were used to receive fraudulent money.  Pune Cyber ​​police have  froze thousands of such accounts with crores of rupees. 

This is the worst form of online fraud ever. In addition to financial loss, mental abuse is also taking place in this type.  As a result of which the case has progressed from suicide to murder.  Therefore, the police have appealed that if someone says that they give instant loan on the mobile phone, do not click on the message. 

Related News :

Chinese Loan App Case: ED’s big action in case of Chinese loan app, Rs 47 crore frozen on online payment app

Pune Crime News: Another victim of ‘loan app’ scam; Loved relationship took grandmother’s life for money

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