Islamabad: The Federal Investigation Agency (FIA) is making significant strides in its crackdown on an illegal online loan apps syndicate involved in blackmailing citizens. In a recent operation, six individuals have been arrested from different areas of Islamabad, including Muhammad Umair, Khurram Abbas, Syed Ali Noor, Mushahid Anwar, Ameer Jalil, and Talha Ahmed.
These suspects allegedly operated fake companies, including Gateway Games, Jacob.com, DropZone, and Corniche Communications, providing loans to unsuspecting citizens through unauthorized online apps. However, these fraudulent apps lacked approval from the Non-Banking Finance Companies (NBFCs).
To carry out their illicit activities, the suspects used manipulative techniques such as doctored photos and voice calls to blackmail and intimidate customers.
Following the arrests, FIA officials conducted a thorough search at the fake company’s office, uncovering 20 mobile phones and 10 laptops as substantial pieces of evidence.
The agency has taken legal action against the accused under The Prevention of Electronic Crimes Act. This ongoing crackdown aims to protect citizens from financial exploitation and reinforce the importance of using authorized and legitimate loan apps for their financial needs.