The Criminal Investigation Department (CID) is looking into allegations of data theft by rapid lending apps, and they claim to have enough circumstantial and scientific evidence to link the fraud case to China.
According to a report in the Times of India, officials investigating the issue claim that the app's application server is located in China. In addition, three of the four companies searched by CID recently have directors from there.
"The raided companies' operations are overseen by Chinese officials. MD Sharath, Superintendent of Police, CID-cybercrime, was reported as saying, "This covers management of the compromised mobile phones' data."
In an instant loan apps fraud case in Cyberabad, the CID apprehended a Chinese national and three members of a group earlier this week.
Cyber Crime Police in Cyberabad raided a contact centre in the city called "Cubevo Technology Private Limited" (Skyline). A Chinese national was in charge.
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