1/ 🧵 Chinese instant loan apps are causing panic all over asia with variety of scams. Philipines, Singapore, India had the maximum victims. (reference inside the article)
1/ 🧵 Chinese instant loan apps are causing panic all over asia with variety of scams. Philipines, Singapore, India had the maximum victims. (reference inside the article)
2/ 🧵 These instant loan apps spy on yoru phone, take your call history, contacts, whatsapp contacts and the image gallery to blackmail you if you fail to pay off the loan.
3/ 🧵 Some app also get your govt accessID and password to check your credit score and end up controlling your future logins and then blackmail you with that too.
4/ 🧵 Check out how chinese instant loan apps are affecting the innocent people through this financial scam.
https://inleo.io/@esmeesmith/chinese-instant-loan-app-empire-scam-explained
Personally I am shocked SHOCKED to hear that there are scammers in India.