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Loan apps case: Chinese finance firm PC Financial was already on ED’s radar

September 18, 2022
Source: b2bchief.com b2bchief.com
News Snapshot:
The probe in the Chinese small loan lending apps picked up pace on Saturday, with cyber cell sleuths on Saturday stating that PC Financial Services Pvt Ltd was already under the scanner of Central investigation agencies. A 32-year-old Chinese national, as well as 20 others, have already been arrested by the cyber cell of Chandigarh Police after a series a raids across the country for allegedly cheating and extorting money from people after trapping them through small loan lending apps. Chenghua was arrested from Greater Noida on Monday. A resident of Wuhan in China, police say that he had traveled...
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Tags: app | applications | arrested | bank | banking | Business | cash | China | Chinese | credit | Delhi | finance | financial | financial services | Greater Noida | India | IT | loan | loans | mobile | New Delhi | PC | police | venture capital | Wuhan

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