HONG KONG — Bai Shichao has a debt problem that is bigger than his paycheck — and that’s a problem for the rest of China, too. Bai, a 30-year-old Beijing deliveryman, has borrowed heavily from China’s ...

The Enforcement Directorate Friday said it has filed a charge sheet against payment gateway Razorpay, three fintech companies controlled by Chinese nationals and as many NBFCs and some others in a ...

As the magnitude of cybercrime and the number of its victims continue to rise and has warranted Supreme Court's intervention, ...

Lucknow: Balrampur police on Wednesday exposed an inter-state syndicate that duped unsuspecting citizens of over Rs 112 crore through Chinese loan apps and arrested two of its key operatives. Based on ...

Amid rising cybercrimes in India, Chinese nationals have come to dominate the illicit loan app- and cryptocurrency-related ...

The corporate affairs ministry might consider taking action against Chinese loan apps, such as freezing their funds and striking off their registrations The investigation wing's zonal teams within the ...

The scammers behind the Chinese loan app scheme, exploiting and harassing thousands of Indians by posing as easy loan providers, faced retribution from a group in Assam. Using counterfeit Aadhaar and ...

India's financial crime fighting agency searched the offices of fintech unicorns Paytm and Razorpay as well as Cashfree on Friday as part of an ongoing investigation into fraudulent Chinese loan apps, ...

Chinese nationals are reportedly behind a majority of loan app and cryptocurrency scams in India, draining an estimated ₹28,000 crore through these fraudulent activities.

Tightening its noose around Chinese loan apps, the Ministry of Corporate Affairs’ investigation against several such entities for alleged violations are at an advanced stage. As per PTI’s report, ...

Vietnamese police have arrested over 50 Chinese nationals involved in an online fraud ring that targeted Chinese citizens through cryptocurrency scams and high-interest loans, following cooperation ...

Banks raise consumer loan rates to at least 3% Top lenders have warned of growing personal bad loans Higher rates could deter China's consumption push, analysts warn BEIJING, April 1 (Reuters) - Some ...