Loans – Watch out for fast cash loan provides: Cyber cops : The Tribune India
Tribune Information Service
Shimla, December 5
Cyber criminals are duping harmless folks, who’re in dire want of cash following the lack of jobs because of the Covid-19 lockdown, by providing fast cash loans at unbelievably low rates of interest. In consequence, private loan scams have risen dramatically.
The cyber police have cautioned folks in opposition to falling prey to such provides by means of unsecured and unverified apps and spurious Web hyperlinks. They’ve requested folks to confirm the bodily tackle, and test antecedents earlier than accepting the supply and chorus from paying any cash within the title of processing price.
“The lockdown has seen a large number of people losing their jobs, leaving them without steady income. Many unscrupulous parties are taking advantage of the situation, preying like sharks upon innocent people by offering unbelievably good deals of quick cash loans with high funding and low interest rates,” stated Navir Singh Rathore, Extra SP, Cyber Crime cell.
“The scamsters ask for a processing fee or a transfer fee which needy persons pay considering it a small amount compared to a big loan offer. But the moment the money is transferred, you are blocked and you come to know that they have vanished,” he added.