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Chinese app crooks back in biz with investment scams Hyderabad News

August 10, 2021
Source: indiatimes.com indiatimes.com
News Snapshot:
Hyderabad: Chinese fraudsters, infamous for their loan apps, are back in business. In their latest avatar they have floated investment apps through their former employees and duped people. Over 80 investment fraud cases have been registered in the past few months in Hyderabad alone. So far police have arrested two Indians last week who were working for Chinese racketeers based abroad. The latest modus operandi is to send bulk SMSes to people offering part-time work-from-home opportunities with an MNC with an assured daily earning of between Rs 1,000 and Rs 3,000, Cyberabad ACP K Balakrishna Reddy said. “A click on...
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Tags: app | arrested | bank | banking | Business | Chinese | commission | crime | fraud | India | Internet | Internet banking | investment | job | loan | MNC | news | payment | police | salary | SMS | technology | website

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