A large percentage of instant loan apps have the same software backend – but different frontend branding. Chinese investors then bring these apps to India with proxy directors. Bhumana Prasad, a resident of Hyderabad, took a loan of Rs 3,500 from ‘My Bank’ – a digital lending app – in November 2019. Within a week, […]
Tag: fraud
The Story Of Nowhera Shaik’s Heera Group ‘Biggest Ever Scam’ Based On Religious Faith And Trust
This is the story of a intelligent vegetable selling woman from Tirupati of Andhra Pradesh who has a vision, dream to get fast buck and fame at any cost. She is Nowhera Shaik – the founder and think tank of Heera Group of companies in Hyderabad. She started vegetable business with her few friends, got […]