Online lending app frauds | Jagan Mohan Reddy orders strict action

CM Jagan Mohan Reddy asked Director General of Police D. Gautam Sawang to respond to the complaints and act tough against the microfinance app organisers

December 23, 2020 03:48 pm | Updated 11:30 pm IST - VIJAYAWADA

Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy. Photo: Special arrangement

Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy. Photo: Special arrangement

Chief Minister Y.S. Jagan Mohan Reddy has directed the police to book those who were lending money through online microfinance apps and take stern action against them.

Mr. Reddy directed Director General of Police (DGP) D. Gautam Sawang to respond to the complaints and act tough against the app organisers.

Responding to the online ‘call money’ racket, Mr. Sawang said that instructions have been given to the Inspector Generals, Range DIGs, Commissioners of Police and the Superintendents of Police to take the complaints seriously and book cases against the accused.

“Police are making all efforts to identify the online app organisers in some complaints. Victims can lodge complaints in the nearest police station or they may register their complaints through A.P. Police Seva App, ‘Dial 100 ’ or ‘112’,” the DGP said.

Vijayawada Police Commissioner B. Srinivasulu said many complaints have been received and the police registered cases on the organisers.

“We traced the callers in about 70 applications [cases]. The accused have been traced to Noida, Guaraon, Delhi, Rajasthan and other places. The cybercrime police identified the accused through their phone calls,” Mr. Srinivasulu told The Hindu on December 23.

“Some people, including several women, took loans worth ₹5,000 to ₹1.50 lakh through Instant Cash, Star Credit, Quick Money and other apps,” said an investigation officer.

Mr. Sawang appealed to the public not to borrow loans from private microfinance app, which were being operated without any permission.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.