Hyderabad, Feb. 7 -- A 46-year-old resident of Sanath Nagar, Hyderabad, fell victim to a massive financial fraud, losing approximately Rs.36 lakh to illegal loan application operators. The victim, who initially borrowed small sums from apps named 'Loan Radar' and 'Quick Funds' in August 2025, was subjected to an extortion racket involving unauthorised bank credits and the use of morphed obscene images to demand repayments.

The victim is a 46-year-old resident of Sanath Nagar, who downloaded two loan applications, Loan Radar and Quick Funds, from the Google Play Store in August 2025 and initially borrowed small amounts. Even after the victim made timely repayments, the apps allegedly engaged in unethical practices by crediting higher loan...