Loan apps racket: 'Accused had a target of extorting Rs 40,000 everyday'

Exactly 15 days after the state home minister Dilip Walse Patil called a meeting with top Maharashtra Cyber Cell officials along with mid-day reporters, taking cognisance of the loan app harassment reportage, the Cyber Cell has busted one module originating from Karnataka. Five accused who have been harassing borrowers by morphing their pictures and sharing the same with the victims’ contacts were arrested. The arrested accused includes a supervisor who was on the payroll of the loan app syndicate.