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Chinese national behind instant loan apps fraud arrested by Hyderabad police

Hyderabad: In the continuing crackdown against the dubious instant loan apps cheating and harassing people, the cyber crime wing of Hyderabad police has arrested a Chinese national who was trying to escape from the country. 27 year old Zhur Wei alias Lambo was arrested at the Delhi airport almost a week after raids across many cities in India exposed a massive fraud and extortion running into several billions dollars which was transferred out of the country in the form of bitcoins. Arrest of Lambo, who hails from Xiangxi province, has taken the criminal investigations by the police of Telangana, Haryana, Karnataka and many other Indian states close to the alleged Chinese brain behind the operations.

Chinese national among 4 held in Hyderabad in loan apps scam

Chinese national among 4 held in Hyderabad in loan apps scam By IANS|   Published: 26th December 2020 6:54 am IST Hyderabad, Dec 25 : A Chinese national was among four people arrested by Cyberabad police on Friday during a raid on a call centre in Hyderabad in the continuing crackdown on illegal loan apps. Cyber crime police of Cyberabad raided Cubevo Technology Private Ltd’s (Skyline) call centre and arrested four employees Chinese national Yi Bai alias Dennis, Satya Pal Khyalia, Aniriddh Malhotra (both natives of Rajasthan) and Murathoti Richie Hemanth Seth of Andhra Pradesh. Cyberabad Police Commissioner V.C. Sajjanar said another Chinese national Zixia Zhang is the main accused in the case and he is absconding along with another key accused Umapati alias Ajay.

Telangana Police crack down on instant loan apps, 17 arrested

Telangana Police crack down on instant loan apps, 17 arrested ​ By IANS | Published on ​ Wed, Dec 23 2020 0:12 IST | ​ 0 Views Harassment by loan apps claims two lives in Telangana. Image Source: IANS News Hyderabad, Dec 23 : In a crackdown on instant personal loan apps, Telangana Police arrested 17 people in raids conducted in Hyderabad and Gurugram. While Hyderabad police arrested 11 people in raids in Hyderabad and Gurugram, remaining were taken into custody by Cyberabad police during raids in Hyderabad. The action came after three persons committed suicide due to harassment by the employees of online loan apps last week. A techie and a woman government employee were among those who ended their lives.

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