City police busts online loan app racket

Thiruvananthapuram City police have dismantled an online loan app fraud racket operating from a call center in Sreekaryam. Approximately 20 individuals were arrested, and 50 computers were seized during the raid, which was initially prompted by an anti-drug operation.
Why it matters
It highlights the prevalence of digital financial crimes and the intersection of organized crime with technology in urban centers.
The Thiruvananthapuram City police busted an online loan app fraud operating from the city on Monday. Nearly 20 people, including those from other States, have been apprehended from a location in Sreekaryam, where the racket is suspected to have operated a call centre from, official sources said.
The suspects were taken into custody during a raid undertaken by the District Anti-Narcotics Special Action Force (DANSAF) under the anti-drug enforcement drive Operation Toofan. Around 50 computers were also reportedly seized from the premises.
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