Indian company searches fintech Paytm, Razorpay and Cashfree places of work in Chinese language mortgage apps probe – TechCrunch


Source: mtikiso.com mtikiso.com

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India’s monetary crime combating company searched the places of work of fintech unicorns Paytm and Razorpay in addition to Cashfree on Friday as a part of an ongoing investigation into fraudulent Chinese language mortgage apps, it stated Saturday, the newest in a collection of probes in current months. The Enforcement Directorate stated its searches at excessive profile Indian corporations and companies managed by Chinese language personnel have been prompted by 18 complaints made to the Cyber Crime Police in Bengaluru. The complaints alleged the companies’ involvement in “extortion and harassment of the general public who had availed small quantity of...