News Snapshot:
Chennai/UNI: The Central Crime Branch (CCB) of Tamil Nadu police arrested four people, including two Chinese nationals, from Bengaluru in connection with instant microloan lending scam conducted via several mobile phone apps. Police sources said on Saturday that the arrested individuals were M.Xiao ya mau (38) and M.Yuan Lun (28), both Chinese nationals, and their associates M.Pramoda (28) and C.R.Pavan (27) hailing from Karnataka. They were arrested based on a complaint by one Ganesan who lodged an FIR accusing abuse, intimidation and harassment by the online loan app firms over repayment with exorbitant rate of interest. The complainant downloaded “M...
