<h1>Four Arrested in Money Laundering Probe Linked to Chinese Loan App Scam; Rs 230.92 Crore Transferred to Singapore</h1> The Enforcement Directorate arrested four individuals in connection with a money laundering investigation involving a Chinese-controlled loan app scam. The suspects allegedly facilitated the integration of Rs 230.92 crore in illicit funds through fake loan apps, transferring the money to Singapore. The case originated from police complaints in Kerala and Haryana, where victims reported extortion and blackmail for excessive loan repayments. The funds were funneled through shell entities and remitted abroad under the guise of fake service imports. The investigation revealed significant lapses by Nium India Pvt. Ltd., a remittance company, in handling Rs 1,677 crore.