Loan Apps: Harassment, Blackmail and Suicides
The harrowing tales of deceit and harassment by loan apps with accounts of relentless torment, blackmail and tragic suicides. Due to regulatory inaction, these apps continue to thrive, victimising unsuspecting consumers.
Bharat Kanaiyalal Motvani, a resident of Rajkot in Gujarat who works as a phlebotomist shares a shocking narrative of deceit, harassment and police apathy. Bharat describes how he fell victim to a fraudulent loan app, suffering relentless harassment and torment. Despite presenting evidence and proof, and with the Chief Secretary of the Gujarat government directing law enforcers to take action, no measures were taken on his complaint. As a result, Bharat continues to endure harassment and these loan apps continue to thrive on Google Play Store further victimising more unsuspecting loan applicants.
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