but in pune, ifound someone who used to work for parshuram takve. ing recovery for many loan apps. and then the worst happened — customers began taking their own lives. we know of at least three people who killed themselves after being shamed by takve�*s recovery agents. they aren't just numbers. they all had a name, a family and a future. in telangana, ifound the parents of one of them... ..a 24—year—old woman called mounika. he sobs quietly she sobs quietly was there no limit to the misery the loan apps would inflict? it made me even more determined to expose the people profiting from the trap. then, i got a call from rohan. he had been accepted for thejob at the call centre in noida. ahlers louis lock beeps this is the callflex corporation, a call centre that recovers money for loan apps, including one called paysense. most calls are respectful. but, just like in the first call centre, if you fail to pay, the tone changes. if you still don't pay, the threats begin. rohan�*s new colleagues were brazen about the tactics they used. after three weeks

in april 2022, parshuram takve and his chinese wife were charged with extortion, intimidation and abetment the year, they were on the run. behind takve, there's a whole web of companies. parshuram takve was the director of four businesses. his chinese wife, liang tian tian, gave her name to the largest, jiyaliang, which recovered money for predatory loan apps. some of those loan apps were set up or supported by two chinese—owned companies. behind both of them was a mysterious businessman called li xiang. li xiang kept himself well hidden. we found nothing online — no social media accounts and no photos. but the money trail led to one city — hong kong. here, we found a phone number linked to one of his employees. posing as investors, we asked if he could set up a meeting with li xiang. phone rings hello? ni hao. hey, hey. li xiang, ni hao. hao. . ni hao. li xiang was quick to tell us about his fintech and loan app businesses in india. then li xiang made the key admission — his companies, controlled from hong kong, harvest indians�* contacts and exploit them to recover loans. their recovery

we found that it was run by an indian man, parshuram takve.ries of suicides linked to his call centre, indian police charged takve with extortion and abatement of suicide. he is on the run. but we found that he had links to a whole network of companies, some controlled from hong kong by a chinese businessman, li xiang. posing as investors, we set up a meeting with him. in this secret recording, he explains how his companies harvest the contact of indians and exploit them to recover loans. translation: we access his call records and capture a lot - of his information. basically, it is like he is naked in front of us. we know everything about him. takve used extortion and fear to recover money, and at least some of that money ended up in li xiang's bank accounts. li xiang denies wrongdoing. he told us he complies with all laws, has never run predatory loan apps and does not collect or use customers' contact information. callflex corporation, asan loan and takve did not respond to a request for comment. in mumbai, bhoomi is starting to rebuild he