Cyber Crime Wing warns of fake loan apps

thehindu.com

The Cyber Crime Wing has issued a warning about fake loan apps like 'Prime Lend' and 'Candy Cash.' These apps are used by scammers to extort money from users by accessing personal data. Victims who take loans from these apps face high repayment demands. If they refuse to pay, they experience harassment and threats, including blackmail with altered images. In 2024, Tamil Nadu reported 9,873 complaints about fraudulent loan applications. So far in 2025, there have been 3,834 complaints.


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