The loan app trap case has happened where father son duo from delhi made a fraud transaction of 150Cr.




Delhi Police on Wednesday busted a multi-crore Chinese loan application fraud and extortion racket and arrested four people, including the mastermind behind the scam.

Meanwhile, the 149 staff employed to help run the racket have been served notices. 153 hard disks, three laptops, 141 keypad mobile phones, 10 android phones and four DVRs have been seized.

The accused were in touch with two Chinese nationals who used to run the loan application app, police said