Trader downloads loan app loses Rs 1.36 lakh to cyber fraudsters
A trader downloaded a loan app from the internet. The app appeared simple and quick to use. Soon after installation the trader was asked to share personal details.
The fraudsters gained access to the device through the app. Money was taken from the trader account without permission. The trader lost Rs 1.36 lakh in the process. The incident came to light after the trader checked the bank account.
Authorities have warned people to avoid unknown loan apps. Cyber fraud cases linked to fake apps are increasing. People are advised to verify apps before downloading them.
