Hyderabad: A teenage boy is feared to have died in the Pedda Cheruvu at Ibrahimpatnam on the city outskirts on Monday. The boy, Vishnuvardhan Reddy (19), a degree student, was reportedly last seen by villagers walking near the lake. Police quoted his family saying Reddy was upset over loan app harassment and was suspected to […]
Hyderabad: The body of a fireman was found on the railway tracks at Mailardevpally on Tuesday. He died, allegedly by suicide, due to harassment of loan app companies. According to the police, Y Sudhakar, 33, worked with the Telangana State Disaster Response and Fire Services Department as fireman at the Chandulal Baradari fire station and […]
Hyderabad: An instant loan app company executive was arrested by the police for allegedly harassing a woman who had obtained a loan and failed to clear it. Manish Kumar (23), a native of Gopalpur Koti in Siwan district of Bihar, works with a company engaged in providing short term instant loans. The victim woman who […]
Hyderabad: The Directorate of Enforcement (ED) has provisionally attached assets worth Rs.6.17 crore of persons behind instant loan app companies in different accounts and merchant IDs held in various fintech companies and maintained with various banks and payment gateways. The ED had earlier initiated investigation into two FIRs booked in the Marathahalli and Mahalakshmipuram police […]
Hyderabad: A security guard died, allegedly by suicide, in his house in Amberpet on Friday reportedly after failing to repay loans he took through a loan app. According to the police, M Naresh (28), a resident of DD colony, had recently came across an ad on online loans while playing a mobile game. “Naresh took […]
