HYDERABAD: Chinese national Zhu Wei alias Lambo, who was arrested in the instant loan apps case, told Hyderabad police that he came across Yuan Yuan alias Jennifer, the key person behind four different instant loan lending companies, through a social media chat group operated by Chinese nationals residing in India.
During his custodial interrogation, Lambo said he came to India on a business visa to explore business opportunities. After he became part of the social media chat group, he got to know Jennifer. “Lambo claims that on the request of Jennifer, he had decided to supervise her business operations in India. Though she offered Rs 1 lakh salary per month, Lambo claimed that he refused to take salary and offered to work for free,” sources in Hyderabad police told TOI.
It is learnt that these Chinese nationals were using the group for interactions to discuss business opportunities and other issues faced by their compatriots in India.
In the investigation into some of the instant loan app cases, police found that the Chinese nationals sent money from Singapore under the pretext of maintenance and employee salaries into bank accounts in India. Later, this money was used by the accused and their companies to distribute loans through different apps. “Nowhere it was said that the money sent to India was meant for financing,” Cyberabad police said.
In fact, the other Chinese national Y Bai alias Dennis, who was also arrested, disclosed the role of five more Chinese nationals, who are residing presently either in China or Singapore or New Zealand. During the custodial interrogations, Dennis said that they use the Dingtalk app for all the internal communication among the employees and with their Chinese management.