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Mumbai: 10 Chinese nationals involved in international loan app scam running into several hundred crore rupees

July 30, 2022
Source: indianexpress.com indianexpress.com
News Snapshot:
July 30, 2022 1:00:55 am Cyber police officials of the Mumbai Crime Branch, who busted an international loan app fraud racket, said at least ten Chinese nationals are involved in the crime and are beneficiaries of the money siphoned out of India using cryptocurrency. The cyber police, which has arrested 14 accused from across India, said the accused were running the fraud since 2018, the number of victims could be more than 1,000 and the total money stolen could run into several hundred crore of rupees. Addressing a press conference on Friday, Suhas Warke, Joint Commissioner (Crime), Mumbai Police, said,...
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