MUMBAI: Three men, arrested by economic offences wing (EOW) of state crime branch for running dubious loan apps in connivance with Chinese and cheating many people in Odisha, were taken on remand by Mumbai Police for interrogation.
Police took Nitin Mallik, arrested on July 15 from Delhi, on 15-day remand. Mallik was director of Good Start Business Services Pvt Ltd, a shell company which operated an illegal loan app, Kredit Gold. The other accused, Rakshith and Sushanth, who werre from Karnataka, were granted a 12-day remand to Mumbai Police. The duo was arrested from Bhubaneswar on June 10 for illegally running the loan app Koko.
The bureau of immigration recently issued lookout notices against a Chinese in connection with Koko app fraud and three other Chinese in the Kredit Gold case. The apps, which are active on Google Play Store, trapped victims by offering small loans instantly without verification.Many who downloaded the apps were told to repay double or triple the loan amounts, failing which the recovery agents sent abusive and vulgar messages to the victims. -Debabrata.Mohapatra
