Rangareddy (Telangana): A Chinese national and three members of a gang have been arrested in an instant loan apps fraud case at Cyberabad.
Cyber Crime Police, Cyberabad raided a call centre named "Cubevo Technology Private Limited" (Skyline) located in the city headed by a Chinese national and arrested four members including another Chinese national.
As per the police, its head office is located in Delhi named "Skyline Innovations Technologies India Private Limited" which is registered in ROC, Gurgaon and its Directors are Zixia Zhang and Umapati @ Ajay and they developed 11 Instant Loan applications which offer loans to individuals and collect huge repayments (including interest, processing charges, GST, Default charges and once loan period is over they charge 1% penalty) and also resort to systematic abusing, harassing, threatening of the defaulters through call centers run by them. They even blackmail the borrowers by sending fake legal notices to their relatives and family members.
Recently Cyber Crime Police Station, Cyberabad have registered eight cases against these loan applications and investigated into.
According to police, On December 17 a complaint was received from a person in which he stated that due to his financial needs he searched in Google and downloaded the Instant Loan App and uploaded Aadhaar card, PAN card, self-authentication photo, three months bank statement and took a loan of Rs 2,015 for 7 days and after deducting the amount of Rs 415 for GST and processing fee, they disbursed Rs 1600 as loan amount on 25-08-2020, after that he received calls from different mobile numbers and advised to take instant loan from their applications.
On their advise, he took a total loan amount of Rs 1,20,000 from 28 instant loan applications. Even though, he paid the loan amount of Rs 2,00,000 with interest, he received calls from different mobile numbers and tele callers started making abusive and threatening calls and also blackmailed him of sending legal notices. Therefore, he requested to take necessary action. On the basis of the above complaint, a case has been registered.
The accused Zixia Zhang, a Chinese national and Umapati @ Ajay are absconding. While Yi Bai @ Dennis, a Chinese national, resident at Delhi, native of Jiangxi, Shanghai, South West China, Satya Pal Khyalia, resident of Delhi native of Sikhar District, Rajasthan, Aniriddh Malhotra, resident of Hyderabad, native of Rajasthan, and Murathoti Richie Hemanth Seth resident of Hyderabad native of Kadapa, Andhra Pradesh have been arrested.
Also read:Sonu Sood visits local eatery in Hyderabad, surprises fan
List of loan applications are Loan Gram, Cash Train, Cash Bus, AAA Cash, Super Cash, Mint Cash, Happy Cash, Loan Card, Repay One, Money Box, Monkey box etc.