Four more held for supplying 1,000 SIM cards to Chinese gang behind illegal loan apps

The Central Crime Branch has arrested four more people, including an employee of a mobile phone service provider, in connection with the supply of over 1,000 SIM cards to the Chinese gang allegedly behind the illegal online apps which provided instant loans and later collected exorbitant rates of interest by threatening and harassing people availing them.

A Chennai resident had claimed to have been threatened and abused by staffers of these online loan firms, saying he had availed a loan of Rs 5,000 through one of these apps but found that only Rs 3,500 had been credited to his account. He said he was pressured by the staffers to repay the full amount within a week.