Friday, August 19, 2022
News

Odisha police arrests two more persons in fake loan app scam

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Bhubaneswar | Sunday, 2022 1:45:08 AM IST
The Economic Offence Wing (EOW) of Odisha police arrested another two accused -- Rakshith and Sushanth for their alleged involvement in cheating people through fake loan mobile apps, the police said on Saturday.

Rakshith and Sushanth, both residents of Udupi district, Karnataka, were arrested in Bhubaneswar and forwarded to court on Saturday, the EOW officials said.

The accused persons were cheating people by forming illegal shell companies named as Mudmate Technologies Private Limited, Yellow Tune Technologies Private Limited and Pinkleaf Aryan Communications Private Limited.

Police said that both the accused were acting as director of the shell companies to facilitate the transaction of illegal lending and recovery process through illegal digital loan apps. They were doing this in connivance and collaboration with many other shell companies like IWT-India etc.

They were also managing a call centre from Bengaluru which used to make threatening and humiliating calls and messages to victim loanees and their contacts.

They have disclosed many important information which gives indication towards a very complex and well organized racket, the details of which are being investigated, said the officials.

Earlier, the EOW had arrested three persons for allegedly cheating people through a fake loan mobile app. The police authority had also asked Google to remove 45 illegal loan apps from its play store.

--IANS bbm/skp/

( 230 Words)

2022-06-11-19:30:04 (IANS)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
Nitish Kumar is like 'foreign women' who...
No truth in private lab's report on vide...
'Tried to create rift between communitie...
Study files carefully before signing, Ma...
Top Kamtapur liberation movement leader ...
Refunds and flight problems comprised ma...
More...    
 
 Top Stories
NZC names strong New Zealand A squa... 
Rape accused who escaped from polic... 
Salman Rushdie's attacker pleads no... 
Shopkeeper stabbed to death in Delh... 
Liz Cheney bruised but undaunted in... 
GPBL: Falcons, Wolves register Supe... 
Congress defers its rally against p... 
Bhima Koregaon case: SC asks trial ...