City
Epaper

PMK calls for ban on Chinese Apps used to cheat gullible investors

By IANS | Updated: June 18, 2021 15:10 IST

Chennai, June 18 Founder President of the Pattali Makkal Katchi S. Ramadoss on Friday urged the Tamil Nadu ...

Open in App

Chennai, June 18 Founder President of the Pattali Makkal Katchi S. Ramadoss on Friday urged the Tamil Nadu government to take stringent action and ban the Chinese apps which are allegedly duping gullible investors of their money.

The PMK leader in a statement issued on Friday said that these Chinese apps were promising high returns within a short span of time for deposits and allegedly cheating the depositors.

He pointed out that it would be difficult to trace the origin of these Chinese apps and recovering money from them would be tough as they don't have any assets. If immediate action is not taken against these apps, people of the state would resort to suicide after being burdened with debts, he added.

He said the state government must launch major awareness programmes among the public against such apps to convince them of the danger of investing money in these apps.

The cyber wing of the Delhi police had arrested 10 people including two chartered accountants for allegedly duping 5 lakh people of crores by using Chinese apps.

The gang had cheated investors by convincing them that the money would be doubled in 24 days. Police said that Apps such as "New Blood", "EZ Plan" and "Sun Factory" get downloaded in India on a large scale. In less than a month and a half, the police cyber wing said that around 50 lakh Ind have downloaded these apps.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: delhichennaiPMK`delhiDelhi capitalSouth delhi district administrationIto delhiGhaziabad district administrationDelhi nct
Open in App

Related Stories

TechnologyDelhi Teen’s Spine Damaged Due to PUBG Addiction, Doctors Warn of Paralysis Risk

NationalChennai: Over Unpaid Wages, Car Showroom Worker Steals Car From Showroom

NationalChennai: Car Showroom Employee Steals Vehicle After Months of Unpaid Salary

EntertainmentAjith Kumar Injured in Fan Frenzy After Padma Bhushan Award Ceremony, Actor Hospitalized In Chennai

NationalDilli Haat Fire: Massive Blaze Erupts at Delhi's Popular Market, 26 Shops Gutted (Watch Video)

International Realted Stories

International"Confident that WAVES summit platform will deliberate on key issues before global media...": EAM Jaishankar

International"We agreed on zero tolerance for terrorism": EAM Jaishankar after talks with Swiss Federal Councillor

InternationalPakistan UN envoy says 'kinetic action' by India imminent, laments lack of international impact on New Delhi

InternationalIndian diaspora holds major protest in Berlin against Pahalgam terror attack

InternationalEAM Jaishankar holds talks with European Commission VP, discusses Pahalgam terror attack