Police said the defendants were arrested in Bengaluru, Andhra Pradesh, Gurgaon, Mumbai and Uttarakhand.
MUMBAI: Mumbai cyber police have arrested 14 people who were part of a racket involved in harassing people through mobile phones providing quick loans, an official said on Friday.
Cyber police froze 350 financial institution accounts, including Rs 14 crore, and crypto forex price $2.17 lakh, Co-Commissioner (Crime) Suhas Warke said.
The fraud and harassment escalated when a grievance was filed in May last year and following an investigation the arrests were made in the past two weeks, the official said.
While used for quick loans for mobile phone purposes, all personal information of the applicants would go to the company of the accused persons, which they then used to harass people who did not repay the loans, a- he declared.
The defendant allegedly processed obscene images of the victims who failed to repay the loans or failed to pay the interest charges and distributed them to family and friends, the official said.
The defendants were arrested in Bengaluru (Karnataka), Andhra Pradesh, Gurgaon, Mumbai and Uttarakhand, he said, adding that further investigation is underway.