Beijing [China], June 28 (ANI): India has recently witnessed a wave of financial frauds through instant microloan lending applications and crypto-currency transactions. The use of proxies to dupe Indian nationals and money laundering is rampant. According to the investigation agencies, Chinese citizens or firms were involved in most of these scams and malpractices.
Application-based instant microloan lending scams: Crackd
China-linked financial frauds and money laundering in India
