In a shocking revelation, Hive Loan App has been accused of engaging in fraudulent activities, posing a serious threat to the financial and personal well-being of unsuspecting borrowers.
Reports suggest that the company, under the guise of a loan service, is allegedly involved in scamming individuals and resorting to extortion tactics that have pushed some victims to the brink of suicide.Details of Allegations:
* The Hive loan app is accused of deceiving poor Nigerians seeking financial assistance by luring them into borrowing small amounts, only to subject them to severe harassment and threats when repayment is due.
* Disturbingly, victims claim that their BVN and private information are hacked and misused by the Hive loan app, leading to identity theft, character assassination, and false accusations such as being labeled as armed robbers or HIV patients.
* The gravity of the situation escalated when a staff member, identified as Ben with the phone number 0912 118 2104, allegedly sent threatening messages to borrowers, indicating a willingness to tarnish their images and involve their families if they fail to comply with payment demands.
Call for Action:
* Concerned citizens are urging the Nigerian Police, Department of State Services (DSS), Economic and Financial Crimes Commission (EFCC), and the Nigerian government to investigate these claims promptly.
* Human rights organizations are called upon to intervene and protect the rights and well-being of those who have fallen victim to the alleged scams orchestrated by Hive Loan App.
This alarming situation demands immediate attention to prevent further harm and potential tragedies, highlighting the urgency for collaborative efforts to address the menace posed by entities engaging in fraudulent loan practices.

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