Co-working space provider BricSpaces on ED radar In Chinese loan apps case

Co-working space provider BricSpaces has reportedly come under the Enforcement Directorate’s (ED) scanner as multiple fraudulent companies that operated the loan-lending apps had its co-working office as their registered address.

According to a News18 report, Mudmate Technologies, Yellow Tune Technologies, and Finroot Fintech Pvt Ltd are three such companies under the ED’s scanner that used BricSpaces’ co-working office as their registered address. The company claimed that despite the expiration of their leases last year, these businesses continued to use its address fraudulently.