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CONGRATULATIONS! Archana Puran Singh and Parmeet Sethi celebrate 29 years of togetherness

CONGRATULATIONS! Archana Puran Singh and Parmeet Sethi celebrate 29 years of togetherness
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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.

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Loan apps are scamming Indians by hiding the ugly details in terms and conditions, misusing data

Loan apps are scamming Indians by hiding the ugly details in terms and conditions, misusing data There are several such platforms that have come up promising good returns, before revealing the bad conditions applied and then turning ugly with abuses and threats. Manas Tiwari | December 24, 2020 | Updated 11:54 IST Several money lending apps lure borrowers by offering instant loans. Highlights They charge significantly higher interest rate. Users are threatened over calls. Mr X lost his job in May in the aftermath of COVID-19. He had few expenses to take care of children s school fee, car EMI, house EMI, medical needs of parents. For few weeks, he survived on savings. Then, he got to know about a money lending app that gives instant loan and reasonable time to return that. Going through a difficult phase in life, Mr X took a loan of Rs 30,000, hoping to find a new job and return the sum.

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Instant loan app scam: 17 arrested in Telangana, Haryana after 3 die by suicide

Updated Dec 24, 2020 · 06:26 pm Representative Image | AFP The Hyderabad and the Cyberabad police have arrested 17 people in connection with an app-based instant microloan lending scam, The Hindu reported on Wednesday. The police arrested 11 people from Delhi and Gurugram, six others from Hyderabad, and also registered 23 cases against the instant loan companies. The scam came to light after three people killed themselves in the past few weeks following alleged harassment from the debt collectors of these companies. The Hyderabad police then conducted raids in Hyderabad and Gurugram and arrested the officials of Liofang Technologies Private Limited, Hotful Technologies Private Limited, Pinprint Technologies and Nabloom Technologies Private Limited. All these companies are registered in Bengaluru.

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Crackdown on illegal instant loan apps; 17 arrested from Delhi, Gurgaon, Hyderabad

Crackdown on illegal instant loan apps; 17 arrested from Delhi, Gurgaon, Hyderabad Based on complaints, the Hyderabad and Cyberabad police have registered 16 and 7 cases, respectively, against such companies. December 23, 2020 10:30:06 am The Cyberabad police registered a case under sections 420 (cheating), 506 (criminal intimidation) of IPC and also invoked section 66 of the IT Act, section 3, 10, and 13(1) of the Telangana Money Lenders Act and started an investigation. Cracking down on illegal app-based instant microloan lending companies, Hyderabad police arrested 11 persons from Delhi, Gurgaon and the Cyberabad police arrested six others here. Based on complaints, the Hyderabad and Cyberabad police have registered 16 and 7 cases, respectively, against such companies.

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