Cash Loan’ app loans ₹1,300 to woman, sends her morphed pics to family despite repayment
In a shocking incident, a 25-year-old woman from Mumbai has filed a complaint with the police after a man, claiming to be an employee of the ‘Cash Loan’ app, sent her morphed nude pictures to her family despite her repaying the loan. The incident highlights the growing concerns over the safety and security of online lending apps and the consequences of taking loans from such platforms.
According to the FIR filed by the woman, she had applied for a ₹2,000 loan from the ‘Cash Loan’ app, but was only given ₹1,300. The app requested her to repay the loan, but when she failed to do so, the accused, claiming to be an employee of the app, threatened to circulate her nude pictures to her family and friends if she didn’t repay the loan.
The woman, fearing the consequences, paid ₹2,000 to the accused, which was more than the loan amount. However, even after repaying the amount, the accused continued to harass her, sending her morphed nude pictures to her family members.
The woman said that she was in a financial crisis and needed the loan to meet her expenses. She had applied for the loan through the ‘Cash Loan’ app, which is a popular online lending platform. The app claims to provide instant loans to individuals with a minimum interest rate.
However, the woman’s experience highlights the risks involved in taking loans from such platforms. Many online lending apps have been accused of using unauthorized means to recover loans, including threatening to circulate intimate pictures of the borrowers.
The FIR filed by the woman has named the accused as Rohan, who claimed to be an employee of the ‘Cash Loan’ app. The police have launched an investigation into the matter and have registered an FIR under sections 509 (act intended to outrage the modesty of a woman) and 354 (assault or criminal force to woman with intent to outrage her modesty) of the Indian Penal Code.
The incident has raised concerns over the safety and security of online lending apps and the need for regulation in the industry. Many experts have called for stricter regulations to prevent such incidents and to ensure the safety of borrowers.
The ‘Cash Loan’ app has denied any involvement in the incident, saying that the accused was not an employee of the company. The app has also claimed that it has a zero-tolerance policy towards any form of harassment or abuse.
However, the incident highlights the need for borrowers to be cautious when dealing with online lending apps. Borrowers should always check the authenticity of the app and the terms and conditions of the loan before applying. They should also be aware of the consequences of defaulting on the loan and the measures taken by the app to recover the loan.
In addition, borrowers should also report any incidents of harassment or abuse to the authorities immediately. The police and other law enforcement agencies have a responsibility to protect the rights of borrowers and to ensure that they are not subjected to any form of harassment or abuse.
The incident also highlights the need for regulation in the online lending industry. Many online lending apps operate without any regulation, which makes it difficult to monitor their activities and ensure the safety and security of borrowers.
The government and regulatory authorities have a responsibility to ensure that online lending apps operate in a fair and transparent manner. They should also ensure that borrowers are protected from any form of harassment or abuse and that their rights are respected.
In conclusion, the incident highlights the risks involved in taking loans from online lending apps and the need for borrowers to be cautious. Borrowers should always check the authenticity of the app and the terms and conditions of the loan before applying. They should also be aware of the consequences of defaulting on the loan and the measures taken by the app to recover the loan.
The incident also highlights the need for regulation in the online lending industry. The government and regulatory authorities have a responsibility to ensure that online lending apps operate in a fair and transparent manner. They should also ensure that borrowers are protected from any form of harassment or abuse and that their rights are respected.
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