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Transcripts For BBCNEWS The 20240703

People have taken their own lives after being abused and blackmailed by loan apps. Bbc Eye Investigations goes undercover to reveal the scam thats plaguing india. And to expose the people making money from misery, fear and shame. This is how the trap is set. You get a message saying youve been approved for an instant loan. All you have to do is download the app, accept the terms and conditions. And the money is yours. What you dont know is youre already in the trap. The app is extracting all your personal information your id cards, your photos and videos. The names and numbers of yourfamily, your colleagues, yourfriends. Thats when the extortion begins. My name is poonam agarwal. I am an investigative reporter. Last year, i began to hear stories about people scammed by loan apps. Most victims are too ashamed to talk, but one wanted to warn of the dangers of the trap. Bhoomi moved from loan app to loan app, borrowing one loan to pay another, often getting 30 or a0 calls a day. Eventuall

Transcripts For BBCNEWS The 20240703

Across india, at least 60 people have taken their own lives after being abused and blackmailed by loan apps. Bbc Eye Investigations goes undercover to reveal the scam thats plaguing india. And to expose the people making money from misery, fear and shame. This is how the trap is set. You get a message saying youve been approved for an instant loan. All you have to do is download the app, accept the terms and conditions. And the money is yours. What you dont know is youre already in the trap. The app is extracting all your personal information your id cards, your photos and videos. The names and numbers of yourfamily, your colleagues, yourfriends. Thats when the extortion begins. My name is poonam agarwal. I am an investigative reporter. Last year, i began to hear stories about people scammed by loan apps. Most victims are too ashamed to talk, but one wanted to warn of the dangers of the trap. Bhoomi moved from loan app to loan app, borrowing one loan to pay another, often getting 30 or

Transcripts For BBCNEWS The 20240702

this is how the trap is set. you get a message saying you ve been approved for an instant loan. all you have to do is download the app, accept the terms and conditions. ..and the money is yours. what you don t know is you re already in the trap. the app is extracting all your personal information your id cards, your photos and videos. ..the names and numbers of yourfamily, your colleagues, yourfriends. that s when the extortion begins. my name is poonam agarwal. i am an investigative reporter. last year, i began to hear stories about people scammed by loan apps. most victims are too ashamed to talk, but one wanted to warn of the dangers of the trap. bhoomi moved from loan app to loan app, borrowing one loan to pay another, often getting 30 or a0 calls a day. eventually, she paid them off. but one app, asan loan, kept calling. asan loan had photoshopped bhoomi s face onto this porn image and sent it to every contact on her phone. it had been hard to find a victim willing to

Transcripts For BBCNEWS The 20240702

lives after being abused and blackmailed by loan apps. bbc eye investigations goes undercover to reveal the scam that s plaguing india. ..and to expose the people making money from misery, fear and shame. this is how the trap is set. you get a message saying you ve been approved for an instant loan. all you have to do is download the app, accept the terms and conditions. ..and the money is yours. what you don t know is you re already in the trap. the app is extracting all your personal information your id cards, your photos and videos. the names and numbers of yourfamily, your colleagues, yourfriends. that s when the extortion begins. my name is poonam agarwal. i am an investigative reporter. last year, i began to hear stories about people scammed by loan apps. most victims are too ashamed to talk, but one wanted to warn of the dangers of the trap. bhoomi moved from loan app to loan app, borrowing one loan to pay another, often getting 30 or a0 calls a day. eventually, she

Transcripts For BBCNEWS The 20240702

across india, at least 60 people have taken their own lives after being abused and blackmailed by loan apps. bbc eye investigations goes undercover to reveal the scam that s plaguing india. ..and to expose the people making money from misery, fear and shame. this is how the trap is set. you get a message saying you ve been approved for an instant loan. all you have to do is download the app, accept the terms and conditions. ..and the money is yours. what you don t know is you re already in the trap. the app is extracting all your personal information your id cards, your photos and videos. ..the names and numbers of yourfamily, your colleagues, yourfriends. that s when the extortion begins. my name is poonam agarwal. i am an investigative reporter. last year, i began to hear stories about people scammed by loan apps. most victims are too ashamed to talk, but one wanted to warn of the dangers of the trap. bhoomi moved from loan app to loan app, borrowing one loan to pay anoth

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