Home Jersey sale Beware of 45 Fake Loan Apps; Do you use them? Control List

Beware of 45 Fake Loan Apps; Do you use them? Control List


Bhubaneshwar: The Economic Crimes Wing of the Odisha Police has asked Google Inc to immediately remove 45 “fake” loan apps from the Google Play Store.

The EOW recently wrote to Google Inc’s Legal Investigations Support Team in California, asking it to remove 45 apps suspected of using unethical practices to recover money from borrowers.

“These apps illegally provide short term loans at very high interest rates. These apps are not licensed by RBI to do so. Further, these loan apps use illegal methods of harassment, threat, blackmail, using extremely foul language in order to extort money from victims,” the EOW told Google.

They also harass their friends/relatives as these lending apps have access to the victim’s full contact list, he said.

Below is the list of the 45 applications:

The Beloan App
2. Go cash
3. Go Go Loan
4. INS Loan
5. Asan Loan
6. Prompt Payment/ Prompt Payment
7. Flipcash
8. Rupee Wallet
9. King Rupee
10, fast rupee
11. Easy Credit Loan
12. Cash Cola
13. Infinite q
14. Sun
15. Agile Loan
1-7. Credit portfolio
18. OB Cash Loan
19. Online Application
20. Money Tree
2l-. Discover the loan
22. Money pocket
23. Hello Rupee
24. Small Credit
25. Moneyhouse/Crystal ready
26. New Loan
27. Checkout room
28. Pesin Bee
29. Life loan
30. Star Loan
31. Yes Rupee
32, eslite loan
33. Ariaeko Loan
34. Fast Coin/Money Advance
35 lucky rupees/quick loan/bicycle loan/cash market/money loan
36. Fair Credit Loan
37. Ok ready in rupee
38. Hone loan/rupee tiger/geta cash/little loan/rich cash
39, rupee spark
40. No more cash/fish loan
4L. rupee flash
42. Loan Dhani
43. Magic Money Loan
44. Money Theft
45. Instant Loan / Dutta Loan Bike Loan / Mobile Loan

Many other Indian state police also investigate such cases. It is also reported that many people committed suicide because of these illegal, humiliating and torturous activities of these loan applications, the EOW wrote.

Google’s guidelines prohibit the operation of any application involving harassment, blackmail, and threats. Apps available on the Play Store must comply with local laws and respect user privacy. These bogus loan apps have flouted all of these guidelines.

EOW sleuths, while investigating a loan app fraud case, discovered that cyber criminals were exploiting the “anonymity” feature in connection with the app developer/operator on Google Play to engage in various criminal practices.

So, the authority further asked Google not to allow any app to run from Play Store if it does not mention the complete details about its developer/creator.

The EOW recently arrested three cybercriminals who deceived many in the state through such mobile apps.