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Loan app scam:Cyber probe hits a hurdle in Nepal — News For Finance

Loan app scam:Cyber probe hits a hurdle in Nepal

Investigators zero in on a broadband operator in Kathmandu behind harassment of Indian borrowers; mid-day visits place, but staff refuse to cooperate

Oasis Broadband has its office on the 5th floor of this building in Kathmandu

Weeks after this correspondent took loans from digital lending apps to dig deeper into their unethical methods, mid-day went beyond borders—all the way up to Kathmandu—to learn more about calls made to a city woman from Nepal. Two mobile numbers tied to the calls had cropped up during the probe into the suicide of the woman who was being hounded by loan wolves. City cops said they can’t do much at this stage since it involves a different country.

Headquartered on the 5th floor of Tamrakar House in the heart of Nepal capital, Oasis Broadband Internet Pvt. Ltd. is a popular name locally and provides internet to about 60 per cent of the area. mid-day…

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