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Google removes loan apps from Play Store over safety policy violations

Google removes loan apps from Play Store over safety policy violations
Google said it will be implementing strong measures to prevent abuse following reports that these fake loan apps were targeting vulnerable borrowers and then going to extreme lengths to recover money
BusinessToday.In | January 15, 2021 | Updated 09:00 IST
Many borrowers have fallen prey to illegal and unauthorised loan apps. While some victims have revealed their plight, others have killed themselves
Search engine giant Google reviewed hundreds of loan apps on the Play Store and found that an unidentified number of apps violated the Play Store s safety policies. The company has removed these apps from its platform. ....

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LOANS VIA APP: International cyber-crime gang busted by Warangal police

Updated Dec 28, 2020, 4:23 am IST
Gang-members were taken into custody in Bengaluru and brought to Jangaon
Commissioner of Police P Promod Kumar said Erick Penglu of China who came on a business visa to India last year created four instant financing apps in association with Padra Binda Ray of Odisha (Representational Image)
WARANGAL: The cybercrime unit of the Warangal Commissionerate and the Jangaon Police jointly busted a five-member international gang luring people with easy loans via instant loan apps. Three of them were arrested while a search is on for two main accused.
Commissioner of Police P Promod Kumar said Erick Penglu of China who came on a business visa to India last year created four instant financing apps in association with Padra Binda Ray of Odisha. ....

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