The Odisha Police Economic Crimes Wing has asked Google Inc to immediately remove 45 “fake” lending apps from the Google Play Store.
EOW recently wrote to Google Inc’s legal investigation support team in California, asking it to remove 45 apps suspected of using unethical practices to recover money from borrowers.
Among the list of apps I sent to Google for removal are: Beloan App, Go Cash, Go Go Loan, INS Loan, Asan Loan, Fast cash / Fast Cash, Flip cash, Rupee Wallet, Rupee King, Fast Rupee, Easy Credit Loan, Cash Cola , Infinity, Sunshine, Credit Wallet, Money Tree, Pocket Cash, Hello Rupee, Micro Credit, Cash Room, Star Loan, Yes Rupee, Good Rupee Loan, Money Magic Loan.
“These apps illegally provided short-term loans at very high interest rates. These apps are not authorized by the RBI to do so. Moreover, these loan apps use illegal methods of harassment, threats and extortion, and use very dirty language in order to extort money from Victims of loan recipients.
He said they are also harassing their friends/relatives because these lending apps can access the victim’s entire contact list.
Several other state police in India are also investigating such cases. EOW wrote that it was also reported that many people committed suicide due to these illegal and degrading activities and torture through these loan applications.
Google’s guidelines prohibit the operation of any application that includes harassment, extortion, and threats against people. Apps available on Play Store must comply with local laws and respect user privacy. These fake loan apps have violated all these guidelines.
EOW investigators, while investigating a lending app fraud case, discovered that cybercriminals were taking advantage of the “anonymity” feature regarding the app developer/operator on Google Play to engage in various criminal practices.
Therefore, the authority has also asked Google not to allow any app to run from the Play Store if it does not give the full details of its developer/creator.
WOW recently arrested three cybercriminals who deceived many in the state via such mobile apps.
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