'Mast Money' Instant Loan App Scam: Software Engineer Arrested in ₹200 Crore Fraud

On July 10, 2026, a software engineer involved in the ₹200 crore (approximately $20.95 million) 'Mast Money' instant loan app scam was arrested. This incident highlights the growing concern of cyber scams in the Indian software industry, involving the misuse of app developers.