HYDERABAD: Special teams of the Hyderabad police on Monday raided four instant loan app finance offices in Gurugram and Hyderabad, even as investigations showed that the entire illegal operation was run from Jakarta, reports Srinath Vudali.
Avinash Mohanty, Hyderabad joint commissioner of police (detective department), said 30 loan apps were run by these four firms, two each in Gurugram and in Hyderabad. “In these four offices, there were nearly 1,000 employees who were working as tele-callers. We are still probing how their operations are being done. We are questioning several persons,” he told TOI. Officials suspect that some Chinese nationals based in Jakarta and elsewhere could be involved. “It is too early to comment any further on this,” he added.