Investigations into the instant loan app racket led police to Rajasthan’s Chittorgarh as a village in the district — Akola emerged as the epicentre for the scam.
Cybercrime team arrested two more persons, identified as Raj Vaishnav alias Raj King, 27, and Akram Mohammad, 30, both from the Rajasthan village. The former, during questioning, revealed that his entire village was involved in the same crime. He told police that the villagers provide China and Dubai-based criminals with account details used in the crime.
Speaking of the breakthrough, superintendent of police (SP, cyber), Chandigarh, Ketan Bansal said, “The investigations point that residents of Akola village are involved in providing account details to accused involved in cheating. We have arrested two persons from the village and three other residents of the village were held by Delhi police investigating a similar case of instant loan scam.”
“The residents of this village open bank accounts and sell the information further. Approximately ₹400 crore has been circulated in the instant loan scam.” These accounts are then operated by handlers sitting in Dubai and China,” he added.
During interrogation, the duo also disclosed that they used popular networking platforms like WhatsApp and Telegram to send out bank details and admitted to having furnished multiple accounts details to handlers in China and Dubai — Plumber, C Cherris.
It also came to light that the arrested accused and suspect Daksh…
