People beware! A fraud website by the name of ‘Pradhan Mantri Yojana Loan’ is luring Indians in the name of providing loans. Earlier linked to a Google Play Store app with the same name, this app has now been removed from the store.
New Delhi-based think tank, CyberPeace Foundation warned on Friday, that this website is luring people in exchange for personal identifiable information that can potentially be misused online
The personal details that were collected from the applicants such as Aadhaar card, ration card, PAN card are openly available on the website and can be misused by any hacker.
CyberPeace Foundation, along with Autobot Infosec Pvt Ltd., launched an investigation into the matter to confirm whether the offering was a legitimate Government of India application or merely masquerading as one.
“The website www.pradhanmantriyojanaloan[.]com asks for personal information and bank account details. After some random dummy data was provided, it redirected to a page with a Thank You message,” the foundation said in a statement.
Earlier, the Android app also redirected the user to the website that asks for personal information, address proof and the rest.
After submitting the information, the user is taken to another page, where they are asked for an OTP sent to the mobile number that was provided while filling the application.
“No OTP was actually received on the mobile number shared. At the bottom of the page, it showed that the details have been submitted,” the report noted.
A 10-digit receipt number was assigned. “Initially, it was assumed that the receipt number would not work since the OTP could not be submitted, but it was accepted and the status was: your application is submitted. Thank you!,” the report said.
The app was removed in the latest Google drive to sanitise its Play Store of fake and malicious personal loan apps in the country.
Google removed about 100 instant loan apps from its Play Store that were involved in alleged collection of personal data and its misuse, fraudulent and unlawful practices of physical threats and use of other coercive methods for recovery of loan, according to the Ministry of Electronics & Information Technology (MeitY).