Police arrested five members of a gang of fraudsters who illegally lend money at high interest rates using unauthorized apps.

Those arrested are Emanuel Edward Gomez, Arifuzzaman, Shahinur Alam alias Rajib, Shubh Gomez and Md Akram.

Police seized a car, nine cell phones, nine SIM cards, four laptops and as many check books from various banks in their possession.

Additional Commissioner AKM Hafeez Akhter said in a media call Thursday that detectives arrested them on October 5 and 6 in the Dhanmondi, Banani and Mirpur areas of Dhaka.

They have deceived their customers by using unauthorized personal loan apps like Cashman, Tkala, Personal Loans Online, RapidCash-Quick Online eLoans App, AmarCash-Personal Loans Online, Cashkash-Fast Loans Online and CashCash.

In addition, those arrested were operating financial institutions called Thunder Light Technology Limited, New Vision Fintech Limited and Basic Development Society without government approval.

The police chief also said the arrests were made following a case at Dhanmondi Police Station by a victim under the Digital Security Act (DSA).

Detective Cyber ​​and DB’s Special Crime Division are investigating the case, he added.