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Home Neighbour China

2 more Chinese nationals held for running instant loan app

NE NOW NEWS by NE NOW NEWS
NEW DELHI , January 3, 2021 5:44 pm
Assam: Six student leaders arrested on extortion charge in Dibrugarh
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Bengaluru police has arrested two Chinese nationals along with several Indian for allegedly operating instant loan apps.

The investigation, based on a complaint here, revealed the prime accused to be operating from China, the police said on Saturday.

According to police, the two Indians had been operating the call centre from Bengaluru and had employed over 100 people to provide quick online loans.

Each employee had been asked to sanction instant loans to at least 10 people in a week and threatened of being sacked if they failed to do so, said the police.

The Chinese nationals ran the call centre with the assistance of the two Indians.

All of them were arrested in Bengaluru on December 31, 2020 and January 1, 2021, according to Chennai Commissioner of Police Mahesh Kumar Aggarwal.

The arrest was made following Ganesan’s complaint stating that he was subjected to agony, abuse, threats and harassment by the online loan app firms over repayment with higher rate of interest, the Commissioner said in a press release.

The Chinese national was the head of the call centre and he operated from China, the release said.

“We are investigating whether the Chinese are running loan apps targeting only India,” the Commissioner further said.

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Northeast Now is a multi-app based hyper-regional bilingual news portal. Led by a group of professionals, the digital news platform covers every inch of the eight states of northeast India and the five neighbouring countries. It is the first of its kind new media initiative in the northeast, and is based in Guwahati. As the political dynamics in the northeast is intricate and fluid, Northeast Now is always politically neutral.

 
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