Ahmedabad: Cybercrooks has added extortion to their Arsenal: their loan application also extracts personal information and potentially embarrassing, which is then used as a leverage to extort money from the target.
Even some police have been intimidated with this tactic.
One of the victims is a stock broker from Nikol who has been looking for instant loan facilities online.
Brokers, Ajit Gehil, found several applications and downloaded one and got a loan of Rs 10,000 on November 16, 2021.
Gohil has repayed around RS 17,000 even though the UPI (Unified Payments Antarmace) platform has been borrowed by Rs 10,000.
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Meanwhile, he found that three other applications had been downloaded on the phone without his knowledge.
Through one of the applications, he got around Rs 15,000 without asking him.
Then, he began to receive a call from the recovery agent who forced him to pay Rs 10,000 to rs 20,000 every day and threatened to post his naked image online if he did not give up on their demands.
Even though he finally paid Rs 5 lakh to them, he continued to face pressure without stopping.
The squeezer began sending a gohil of his naked image and said the photos would soon become a viral if he dared to ignore their demands.
Gohil finally approached the police on January 8 and filed a complaint under the IT Law.
During the investigation, it appeared that the extension gained access to the target device when the loan application was downloaded.
Loans are given only when someone gives full access to the device.
Some people suffer from gohil have.
32-year-old entrepreneurs from Odhav GIDC have also downloaded the application to take loans.
He then found that another application had been installed on the phone.
His account shows a deposit of Rs 40,000.
Then, Cybercrooks demands Rs 10,000 per day as payment and when entrepreneurs refuse to pay, they threaten to make viral nude viral morphed.
He took the help of the police to get rid of the threat.
The source in the city police said that two types of people were the most vulnerable.
“First, those who really need; and second, those who are looking for money to live a high life,” said a police officer.
“Cybercrooks checks the cellphone target when processing the loan application.
Criminals frame their demands based on target profiles.” In many cases, people hesitated to go to the police and Cybercrooks utilizing the situation, a police officer said.
The officer said that people must immediately approach the police to overcome cybercrooks or they will lose everything.
Loan application transfers your secrets to criminals
