Outrage As Rawalpindi Man Ends Life After Being Harassed By Loan App
Many Pakistanis have fallen victim to scams online and the latest to get trapped by these instant loan apps Is Muhammad Masood, a resident of Rawalpindi who commits suicide after being blackmailed. As hundreds of thousands are bearing the brunt of record inflation, some of them were lured by fishy apps that offered instant loans without physical verification.
The father of two children was trapped by one such app and he faced nonstop harassment and threats from the recovery agents of the platform. The deceased’s wife told the media that his husband lost his job about six months back and was facing hard times, getting a job and eventually took loan from these apps for his children’s school fees and house rent.
Masood applied for a loan of Rs13,000 from a digital lending app, which was raised by multiple times and he was asked to pay Rs100,000 within the given deadline. As he was struggling to pay back, officials of the app started blackmailing him. The grief-stricken family said Masood got another loan to repay the first amount and as he was threatened by the apps of police action.
Meanwhile, a case has been lodged investigation is underway, as the deceased’s family maintained that the officials of the lending app continue to threaten the family even after Masood’s death.