Delhi Police bust multi-crore Chinese loan app fraud, 8 held
New Delhi, April 3: The Intelligence Fusion and Strategic Operations (IFSO) Unit of Delhi Police's Special Cell arrested eight people from the national capital and other parts of the country for allegedly extorting the people on the pretext of providing and repaying the loan amount.
The accused were providing loans through a Chinese loan application and extorting and abusing people under the guise of not repaying the loan amount. So far, the IFSO Unit of the Special Cell has apprehended eight people from Delhi, Jodhpur, Rajasthan, Gurugram, Haryana and other areas of the country.
According to the police, the IFSO unit received a complaint in which the complainant claimed that an unknown person was assaulting and threatening her by sending morphed pictures to her family and others.
The complainant obtained a loan through the Chinese application. Although she repaid the loan on time, she began to receive threatening and abusive WhatsApp calls and texts from the loan company's employees, according to the police.
A team of officers conducted raids in the Pitampura and Rohini regions, arresting the accused, Rohit Kumar, Vividh Kumar, Puneet and Manish, and recovering the cell numbers and devices used in the crime from them. The police apprehended another suspect, Divya, the wife of Puneeth Kumar, who was later discovered to be involved in the case.
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"Even after the refund, the accused used to intimidate the loan seeker and extort additional money from them. The second unit of the gang was in charge of the financial transactions. After receiving the extortion cash in the bank, the accused used to transfer it to their masters in China, Hong Kong, Dubai, and other locations after converting it to cryptocurrency. Everyone in the gang was earning their fair share based on their job and performance "According to the police,
KPS Malhotra, DCP IFSO, stated that the complainant received threats from multiple WhatsApp numbers. One alleged WhatsApp contact was using a profile photo of a senior IPS officer.
According to the police, the loan app is malicious and sends the user's personal information to third parties.
The police have filed the case under sections 384, 385,419, 420, and 120 of the Indian Penal Code.
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-PTC News
