Scammers use India’s real-time payment system to siphon off money, send it to China
October 23, 2023 at 11:37PM China-based scammers are using fake loan apps and India’s Unified Payments Interface (UPI) to scam victims out of money, according to a report by CloudSEK. The scammers pose as loan providers, luring victims with promises of easy repayments. Once a fee is paid, the loan never materializes and the fee … Read more