india: Chinese online loan apps gaining ground in India


Source: gadgetsnow.com gadgetsnow.com

Key Topics in this News Article:

News Snapshot:

Chinese criminal syndicates and gangs are running scam operations illegally in India . Several such digital loanshark cases have been detected in the recent past, and it is suspected that the scale of such illegal activities has increased over a period of time. Recently, a case of a so-called "Chinese loan app" racket came to light in Delhi's Dwarka area. The racket was being run by some Chinese handlers in the garb of a local consulting BPO firm, Fly High Global Services and Technology. The modus operandi started with the simple advertisement for the 'On Stream' online loan app on...