The complainant reported a loss of Rs 1.6 lakh after investing in an application called “Loxam”. Investigating the complaint, the police arrested 11 persons, including a Chinese national named Lec alias Li Zhongjun and a Taiwanese national named Chu Chun-yu. Meantime, Taiwan national Chu Chun-yu, who had obtained bail, was released and fled to China. Investigating the complaint, the police arrested 11 persons, including a Chinese national named Lec alias Li Zhongjun and a Taiwanese national named Chu Chun-yu. Meantime, Taiwan national Chu Chun-yu, who had obtained bail, was released and fled to China.

Source: Indian Express September 18, 2023 17:16 UTC