Bengaluru: The Central Crime Branch (CCB) Cyber Cell Special squad has nabbed three people who had indulged in giving loans and collecting huge money in the name of interest, compound interest, and broker charges on behalf of companies owned by Chinese people.
Police said on Monday that the arrested were identified as Syed Ahmed, Syed Irfan, and Aditya Senapathy.
On getting complaints, CCB Cyber Crime cell launched raids on Ace Pearl Services Pvt., Ltd at Koramangala Extension in the City. To their surprise, it was unearthed that four more firms also functioning there and all were giving loans online and collecting interest, compound interest, and charges. If loanees failed to give the money demanded they will be threatened with dire consequences.
Another surprise in store for the CCB was that other four firms were run by Chinese people that included Higelar Services Pvt., Ltd., Exceedwell Service Pvt., Ltd. Mascotstar Services Pvt Ltd. Aqua Stiller Pvt. Ltd., who were running apps like Loan App, Money day, Paise a Pan, Loan Time, Rupee Day, Rupee Kart in Cash. They were running Call Centers to collect loan amounts.
CCB sleuths have seized 35 Laptops, 200 basic mobiles of different companies, 8 Cheque Books of various banks, 30 sim cards of various companies.
In his complaint, a victim alleged that despite returning the loan taken along with interest they used to harass and demand the principal amount failing which he will be physically attacked.
Cyber Police have registered three cases under different Acts and are investigating.