Instant loan app scam: Two more arrested

Police arrested two more suspects involved in the instant loan mobile application scam, which also had links with certain Chinese nationals. The accused were identified as Raj Vaishnav, 27, and Akram Mohammed, 30, from Rajasthan. Police said that during interrogation, the accused disclosed that they provided the bank accounts to the Chinese nationals through WhatsApp and Telegram. Police said they both provided many accounts to their bosses in China and Dubai.

It has also come to light that Vaishnav belongs to village Akola, Chittorgarh, Rajasthan, and his entire village is involved in the same crime, of providing accounts to China and Dubai-based criminals. An approximate amount of Rs 400 crore has been circulated through the instant loan app.