Eslin

[Vineeth K @DealsDhamaka]

For years I have tweeted about the risks of P2P investing ‼️

Many ignored and invested.

Hope to see resolution, many invested money and struggling now

#Investing

[vishal jha @vishaljha5]

Thousands of investors are still waiting for their money to be recovered and repaid.We urge Mobikwik to provide clear communication,accountability, and a realistic timeline for fund recovery.Investors deserve transparency and timely action.
#Mobikwik
@MobiKwik @MobiKwikSWAT @RBI

[Eslin @eslinxd]

@MobiKwik When are you returning the money invested in MobiKwik Xtra? Still 30% principal amount is pending.

[Eslin @eslinxd]

@MobiKwik @RBI @RBIsays @NDTVProfitIndia

[Pankaj @Pankaj1418827]

My father’s hard-earned savings are stuck with @mobikwik and @lendboxin. They marketed it as RBI-regulated and better than an FD, then converted our Flexi Plan without consent in 31st Aug 2024. Nearly ₹2.5 lakh is locked. Where is the accountability?

[Eslin @eslinxd]

@NDTVProfitIndia #mobikwikxtrascam @MobiKwik given false promise of anytime withdrawal. Now 30% of amount is blocked. And falsely claiming 90% amount is returned to investors.

[Aditya Shah @AdityaD_Shah]

🚨Mobikwick Xtra Fiasco-Who will help investors now?

Online Platforms sell anything and everything to get commissions,
Mobikwik, together with Xtra, kept selling bonds to customers,
Customers were lured the lollipop of 12% high returns.

These P2P investments were sold as
1. Fixed deposit type investment with higher returns
2. Risks relating to P2P were not known to most investors,

Many investors allege,
Investors attempting to withdraw their money—some with sums ranging from ₹91,000 to ₹4 Lakh—have found their principal amounts locked with no clear timelines for return.

Xtra experienced operational standstills following RBI regulatory changes, leading to several police complaints and FIRs

Mobikwik washed its hands off by saying:-
1. We are just the intermediary
2. Customers were aware of the risk,

Even if Mobikwik was an intermediary:-
Can Mobikwik wash its hands off?
Shouldnt thereby an investigation into the sales practises?

More importantly,
Who will save these investors?
Who will return their money?

Why doesn't RBI step in to clean up the fiasco?

[Eslin @eslinxd]

@dg168031 @MobiKwik @RBIsays @RBI Where is truth in 90% refund claim by MobiKwik official statement. Please check proof below. Around 30% principal amount is still pending to be repaid.

[कुंभकरण @_kumbhkaran]

Every investor I talked to told me that approx 30% of their money has been held by these two platforms, and here they are saying that around 90% was paid?

Why don't you give the exact data? How much principal amount and how much total amount has been held by both of you?

[Subhrajyoti Banerjee 🇮🇳 @subhrajyoti_07]

@MobiKwik @rajasthanroyals Dear All,
Please see the fake statement issued by @MobiKwik
They kept their comment box off as they posted fake statement knowingly.
@Inc42 @editorcnpn @IndianExpress @DeccanHerald

[The Head And Tale @theheadandtale]

Troubles continue for MobiKwik Xtra, the P2P lending product launched in partnership with Lendbox, with issues around the platform far from over.

#MobiKwik #Lendbox #Fintech #Xtra

https://t.co/6I2L61c2wR

[Rajat Khandelwal @Singlejivi]

Again a Blatant lie by @MobiKwik and @lendboxin that 90% of the xtra investors money has been given. Complete jhut. We already have the data that average 30% of the amount of money has been stuck on the site. 👇
https://t.co/jLzXIigZRE

We have verified 800+ Investors whose life savings have been stuck by you fraudsters. Every other P2P nbfc gave investors money back with interest whether its Cred or 12% club - lendenclub. But you abruptly blocked every investors amount without even giving them time frame to withdraw their money back. What kind of guidelines are you talking about? Does @RBI gave you that order to block investors money without informing them? No, RBI never said that even RBI never allowed anytime withdrawal - no lockin period, no secondary market sale, this product to be marketed as investment option alternative of FDs is itself a biggest crime to cheat the middle class - poor investors. You rascals @BipinSingh @UpasanaTaku thought that "Ye middle class log kya hi karlege, kon sunega inki. System ko pese se kharidlenge". But ab dekhte jao or 500+ FIR ke liye.

Below sharing the proofs of how mobikwik miss selled and frauded thousands of Investors hard earned money

[Eslin @eslinxd]

@MobiKwikSWAT So you guys do not have guts to answer simple question in public platform 😔

[Sanuj Sunny @AsianSachin]

You claim 90% repayment. What is the proof?
We have evidence from 1000+ investors showing that 30-40% of their money is still stuck. . Transparency and accountability are needed, not just broad statements @MobiKwik @RBI @IndianExpress

[Newton Bank Kumar @idesibanda]

Wattt a Scam done at Mobikwik ! 🤯

[Rajat Khandelwal @Singlejivi]

BREAKING NEWS 🚨

Another major media house has now exposed the growing #MobikwikXtra crisis.

@Inc42 reports that MobiKwik & Lendbox are facing FIRs over allegedly blocking investor funds across India.

More than 540+ victims have already registered on our independent tracker platform.
Reported exposure:
• ₹27+ Crore invested
• ₹8+ Crore still outstanding
• Avg loss/outstanding ~31%

These are not just “numbers”.
These are retired parents, middle-class families, salaried employees and ordinary Indians who trusted a publicly listed fintech brand.

Investors allege they were aggressively sold:
• “Withdraw Anytime”
• “100% Liquidity”
• “No Questions Asked”
• “Safe RBI Regulated Product”
• “FD-like returns”

Then after RBI’s August 2024 P2P framework changes, withdrawals were frozen overnight.

Now repayments have collapsed.
Borrower data is allegedly incomplete.
Transparency questions remain unanswered.
And FIRs are now being filed from Bengaluru while complaints continue growing from Delhi, Mumbai and other cities.

Most shocking part?

Inc42 states:
“MobiKwik declined to comment.”

Why the silence now?

@BipinSingh why have you blocked me and affected investors on twitter?
Why is your LinkedIn comment section restricted?
What exactly are you afraid of?

Wasn’t this product marketed under the MobiKwik brand itself?

If everything was transparent and compliant, then why are investors still begging for:
• borrower-level data
• repayment clarity
• consent records
• and their own money back?

This entire issue now demands:
• forensic investigation
• regulatory scrutiny
• public accountability
• and answers from both MobiKwik & Lendbox (Transactree).

India cannot become a playground where fintech giants privatize profits and socialize investor losses.

Read article here : https://t.co/CPAKUJ1ezt…

@RBI @RBIsays @PMOIndia @narendramodi @RahulGandhi @ArvindKejriwal @Cockroachisback @FinMinIndia @nsitharamanoffc @DelhiPolice

[कुंभकरण @_kumbhkaran]

BREAKING 🚨

A massive fintech investor crisis is unfolding in India.

Two FIRs have now been registered from Varthur, Bengaluru against MobiKwik Xtra & Lendbox (Transactree) over allegations of blocked investor funds, misleading investment claims, and irregularities in the P2P lending structure.

Thousands of retail investors across India claim they were sold MobiKwik Xtra as a safe, RBI-regulated, “FD-like” investment product with:
• “Withdraw Anytime”
• “100% Liquidity”
• “No Questions Asked”
• “Up to 12–14% Returns”

Then suddenly after RBI’s August 2024 P2P changes, withdrawals were frozen overnight.

Now investors allege:
• ~30%+ avg money still stuck of all investors (How is it possible for all lenders? That much consistency seems totally made up story)
• repayment schedules collapsing
• borrower data discrepancies
• missing transparency
• funds allegedly deployed without explicit lender approval

Despite this ongoing crisis, another frontend brand “Perannum” continues operating and marketing itself as RBI-regulated — while internally disclaiming that RBI does not guarantee correctness of data or repayment safety.

Then what exactly does “RBI regulated” mean for ordinary Indians?

How can thousands of investors suffer while the system stays silent?

More than 800 affected investors have already united online. Many are retired pensioners, middle-class families, salaried employees and small savers who invested their life savings believing these fintech platforms were trustworthy.

Reported figures from the MobiKwik Lendbox community tracker website already show:
• ₹26+ crore invested
• ₹7.7+ crore outstanding
• 500+ registered victims
• ~31% average outstanding losses

And investors believe the real scale could be far bigger.

Cyber complaints, FIRs, legal notices, consumer cases ,EOW complaints and writ petitions are now rapidly increasing across India.

At this point people are not only losing money — they are losing faith in India’s financial oversight and justice system.

If ordinary citizens cannot be protected from powerful fintech giants using RBI branding, aggressive advertising and hidden risk structures, then what kind of financial system are we building?

[Rajat Khandelwal @Singlejivi]

BIG BREAKING 🚨

After @DeccanHerald, now @IndianExpress has also covered the Mobikwik Xtra – Lendbox investor scam.

Now: • FIRs have been registered in Bengaluru
• More complaints are being filed from Delhi, Mumbai & other cities
• Matter is reaching EOW & courts

Our community tracker now has: • 800+ affected investors
• ₹26+ crore reported investments
• ₹7.7+ crore outstanding reported amount
• ~31% average investor money still stuck

Many retired pensioners and middle-class families invested their life savings into this scheme believing the advertisements pushed by Mobikwik Xtra & Lendbox.

Thanks to @IndianExpress and @DeccanHerald for covering the voices of ordinary citizens when much of the mainstream media stayed silent on a publicly listed fintech giant.

This is no longer just a repayment issue.
This is becoming one of India’s biggest retail fintech trust crises.

#Mobikwik #Lendbox #MobikwikXtra #P2P #CyberFraud
#RBI
https://t.co/NqWjQaSdpw

[Eslin @eslinxd]

@DeccanHerald I am also victim of this scam. Around 3,00,000 principal amount pending to be paid from @MobiKwik

[Rajat Khandelwal @Singlejivi]

Thanks @DeccanHerald for finally covering the biggest open scam around Mobikwik Xtra Lendbox investors.
When most major media houses stayed silent on this @MobiKwik @lendboxin transactree pvt ltd, you chose to report what thousands of ordinary retail investors have been facing for months.
In a country where press freedom rankings continue to fall to 157th, independent reporting on corporate-financial issues still matters.
Our issue is simple:
• We were shown ads promising: — “Withdraw Anytime”
— “No Lock-in Period”
— “Daily Interest”
— “Better than FD returns”
— up to 12%-14% p.a.
• Mobikwik heavily marketed Xtra across: — app banners
— push notifications
— Instagram, twitter, Facebook ads(below will provide each and every ss)
• Money was routed into Lendbox/Transactree’s NBFC-P2P structure.
And Ind the name of RBI’s August 2024 P2P changes this biggest fraud happened lead by @BipinSingh :
-Withdrawals suddenly stopped
-Funds got locked for years
-Repayment schedules started failing
-Borrower transparency disappeare
-Investors were denied loan/KYC level data which is a mandate of the @RBI for NBFC master direction
What @MobiKwik
and @lendboxin did was
—Blocked funds completely even after advertising as "Anytime withdrawal" "No lock in" "Zero questions asked"
— False NPA tagging and no fixed recovery timeline
We launched a public issue-tracking website
https://t.co/jLzXIigZRE
, collected investor evidence, filed cyber complaints, consumer complaints, legal notices, and multiple investors have now approached police authorities.
Now FIRs under IT Act/BNS provisions have been registered in Bengaluru against entities connected to the issue. And many from Delhi, Mumbai and other cities are on its way.

Their are jaw dropping figures against @MobiKwik Xtra
• 800+ affected investors are there in our WhatsApp group
• More than 10crore reportedly blocked
• Average outstanding is 30%

Questions to @RBI @RBIsays @FinMinIndia @DFS_India @SEBI_India @IEPFAuthority
@PMOIndia @narendramodi @mygovindia @PIB_India
@Cyberdost @DelhiPolice
@BlrCityPolice @MumbaiPolice
@CPDelhi @jagograhakjago @nch1915 @DARPG_GoI

If a product was aggressively sold as liquid & flexible, Anytime withdrawal no lock in period (RBI Regulated) by a company who is listed by @SEBI_India also, how were ordinary retail users suddenly trapped in multi-year repayment uncertainty overnight?

#Mobikwik #Lendbox #Xtra #MobikwikXtra #IndianScam #Scam #Fraud