New Delhi, 24th August 2024:In a decisive move against fraudulent practices, the Modi government has launched a sweeping crackdown on 400 Chinese companies operating across 17 states in India. These companies stand accused of engaging in widespread fraud, particularly in the realms of online jobs and loans, leading to severe harassment of borrowers.
The operation, which is being hailed as one of the largest crackdowns in recent years, has uncovered significant irregularities, including the use of false addresses by many of these firms. The government’s action comes after numerous complaints from citizens who were victims of these scams, leading to financial losses and mental distress.
According to sources, the companies under scrutiny have been involved in deceptive schemes, promising lucrative online job opportunities and easy loans. However, once individuals were lured into these traps, they were subjected to aggressive recovery tactics, often involving threats and harassment.
The government’s move is part of a broader effort to clamp down on unethical business practices and protect Indian consumers from exploitation. By targeting these fraudulent entities, the Modi administration aims to restore trust in the digital economy and ensure a safer online environment for all.
Authorities are continuing their investigations and have warned that further actions could follow as more evidence comes to light. This significant step reinforces the government’s commitment to safeguarding the interests of Indian citizens and upholding the rule of law.
