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Three people, including a Chinese national, were arrested by the Cyber Crime police of Rachakonda on Sunday in the instant mobile app loan cases.
The microfinance companies have been harassing borrowers by branding them as cheats and humiliating them when they fail to repay the loan amount on time.
According to police, Liang Tian Tian, the Chinese national, got married to one Parshuram Lahu Takve in 2013 and came to India on a dependent Visa in 2016. Takye started Hypertel Pvt. Ltd. at Koregaon in Pune to provide BPO services with limited employees and closed the company in March 2020 due to COVID-19 lockdown. In June, he started Jiya Liang InfoTech Pvt. Ltd. and Tian assisted him in running the company affairs and monitoring the employees day-to-day activities.