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Around half of all insolvencies filed in 2022 were by millennials, despite only accounting for less than 27 per cent of the Canadian population aged 18 and older, according to a new study.
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Illegal loan apps case | Chennai Police arrest two Chinese nationals in Bengaluru Updated: Updated: Two Indians held for abetting them in money collection. Share Article AAA Xioa YamaoWu (left) and Wu Yuanlun, the Chinese nationals arrested by Chennai Police for operating predatory instant loan apps illegally. Photo: Special Arrangement Two Indians held for abetting them in money collection. The Central Crime Branch of the Chennai Police has arrested two Chinese nationals in Bengaluru for operating predatory instant loan apps illegally. They were accused of collecting exorbitant rates of interest by threatening and harassing those who had taken loans. The police also arrested two Indians who were operating a call centre and abetting the Chinese nationals in collecting the money from debtors. ....