Four arrested in online loan scam

Chinese national also involved

A Chinese citizen’s involvement in such a crime makes it evident that the Indian system is indifferent.

Hyderabad (Telangana) – The Cyberabad police arrested four persons, including a Chinese citizen, for their alleged involvement in an online loan scam. They were cheating people using 42 different apps. The accused were harassing debt-defaulters by threatening them and sending them fake legal notices. The gang is headed by Zixia Zhang, who is currently in Singapore. Among the arrested are, Chinese citizen Yi Bai alias Dennis, Satyapal, Anirudh Malhotra and Richie Hemanth Seth. Two of them Zixia Zhang and Umapati alias Ajay are absconding.

Instant #loan Apps #fraud gang busted in #Hyderabad; 4 members, including a #Chinese national arrested.https://t.co/ZvPQR1QCfZ

— Zee News English (@ZeeNewsEnglish) December 25, 2020