Pune: Pimpri-Chinchwad Cyber Police Expose Fake Loan App Scam; Key Accused Arrested in Mumbai
The Pimpri-Chinchwad Cyber Police have uncovered a major fake loan app scam, leading to the arrest of the mastermind in Mumbai. The investigation revealed that over 10,000 citizens across India were defrauded through eight fraudulent loan applications, including:
- Credit Pilot
- Creditkeeper
- Inlonecredit
- New-lone
- Ligallone
- Fastcash
- Handycash
- Insta-lone
🕵️♂️ Modus Operandi of the Scam
The cybercriminals lured victims with false loan offers, gaining unauthorized access to their phone data, contacts, and gallery. Once personal information was extracted, the fraudsters blackmailed victims using Pakistani phone numbers and Indian UPI payment apps. Fake identities were used to conceal their operations, making it difficult for authorities to trace them.
⚠️ Why This Detection is Significant
This crackdown highlights the growing threat of digital loan frauds in India, where scammers exploit financial distress to steal money and sensitive data. The arrest of the key accused marks a crucial step in dismantling the network.
पिंपरी-चिंचवड सायबर पोलिसांकडून बनावट लोन अॅप फसवणूक प्रकरणाचा पर्दाफाश; या प्रकरणातील मुख्य सूत्रधाराला आमच्या सायबर पथकाने केली मुंबईत अटक..!
— पिंपरी चिंचवड पोलीस – Pimpri Chinchwad Police (@PCcityPolice) July 14, 2025
⚠️Why is this detection significant?
Over 10,000 citizens across India were duped via 8 fake loan apps like:
Credit Pilot,… pic.twitter.com/wjoInRM5F0
📌 Public Alert: How to Stay Safe
To avoid falling victim to such scams, citizens are advised to:
- Never download loan apps from unknown sources.
- Verify RBI approval before using any financial app.
- Avoid granting apps access to contacts, gallery, or personal data.
- Report suspicious apps or transactions immediately.
The Pimpri-Chinchwad Cyber Police continue their investigation to identify and apprehend other individuals involved in the racket.
