These days, cases of cyber crime are increasing rapidly in the country and the world. In these cases, scammers are stealing people’s information in different ways and emptying their bank accounts. Fake loan apps are also included in these methods. Through these, people are trapped by luring them with loans at low interest rates and then blackmailing them is done by collecting their personal information. 15 such apps have been identified on the Play Store, which were downloaded by 80 lakh people.
How was it identified?
McAfee Mobile Research has identified these 15 apps. Through these apps, people were trapped by luring them into giving money at cheap rates. At first glance, these apps seem trustworthy, but their purpose is to gather as much information as possible about people. Once the information is collected, the work of intimidating the loan takers is started. A lot of money is extorted from them by blackmailing them.
This is how blackmailing is done
Cyber thugs launch these apps with trustworthy names so that after listening to the name it seems as if these are the apps of some financial institution. Marketing is done on social media to win people’s trust. Once downloaded, they start accessing SMS, contact lists and call logs from the users’ phones. Apart from this, these apps take access permissions to phone call records, camera and microphone. Later on, users are blackmailed through these methods.
These 15 fake loan apps have been identified
- Préstamo Secure-Rapid, Secure
- Préstamo Rapido-Credit Easy
- quick loan
- RupeeKilat-Dana cair
- happy with a loan – money loan
- money happy – quick loan
- KreditKu-Uang Online
- Dana Kilat-Small Bag
- Cash Loan-Vay Money
- RapidFinance
- PrêtPourVous
- Huayna Money
- IPréstamos: Rapido
- ConseguirSol-Dinero Rapido
- EcoPrêt Loan Online
If you have any of these apps in your phone, delete it immediately. After the report came out, some of these have been removed from the Play Store and some have been updated by their developers. To take a loan, always contact authorized financial institutions only and avoid downloading fake apps in the lure of cheap interest rates.
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