In a significant crackdown, Gurugram Police arrested 15 individuals on Wednesday from Sector-2, Noida, for allegedly intimidating and defrauding people under the guise of loan recovery.
These accused used Chinese apps to recover exorbitant amounts, scamming unsuspecting victims. Police seized five laptops, 15 mobile phones, and 223 SIM cards from the suspects.
Assistant Commissioner of Police (Cybercrime), Priyanshu Diwan, revealed that the accused were working for a company named Dialback Private Limited, which operated in partnership with an NBFC company, Vaishali Securities Private Limited.
Vaishali Securities provides instant loans through apps like Instanova, Credigen, Finicash, Loanify, FastCash, HopeFund, IMBFund, Flying Cash, Periloan, and others, ranging from ₹5,000 to ₹60,000 for durations of 7, 15, or 21 days. Dialback Private Limited was responsible for recovering these loans.
Although registered in India, Dialback Private Limited is operated from China and Indonesia. Instructions regarding loan issuance and recovery are provided by overseas operators. Following these directives, Dialback agents call borrowers, often using intimidation tactics to extort excessive amounts.
The arrested individuals include Harman, Anjaneya Chaudhary, Arun Kumar, Sachin, Bilal Khan, Asif, Ujjwal, Salman Abbas, Suresh, Himanshu, Sunny Srivastava, Manmohan, Ripunjay, Anil, and Mahendra. Police have registered a case under Sections 384 and 420 of the IPC at the Cybercrime East Police Station in Gurugram and are continuing the investigation.
