News Snapshot:
Loan app scam: An instant loan application scam of Rs 500 crore was arrested by Delhi Police Special Cell yesterday. Intelligence Fusion and Strategic Operations (IFSO) has broken several modules for instant loan applications with Chinese connections. In the last two months, 22 people have been arrested. The arrested individuals were working at the behest of Chinese citizens. According to a statement from an official on Saturday, the money was being forwarded to China via the hawala or cryptocurrency route. Hundreds of complaints have been received by Delhi Police about instant loan applications. Complaints claimed that there are instant loan...
