The agency had arrested Malik from New Delhi on July 13 in connection with the case.
The accused Chinese woman, identified as Yu Zhang, was arrested along with another person, identified as Vineet Jhaver, 38, from west Delhi.
The city police on Thursday arrested seven people working for two mobile loan applications for their involvement in abetting the suicide of an auto driver.
The DSP appealed to the public to avoid borrowing from unauthorised loan apps and also suggested to obtain loans from the banks and firms that were registered with Reserve Bank of India.
The total seizure in this case is Rs 95 crore, added the agency.
Chinese loan apps: ED freezes fresh deposits worth Rs 78 cr after raids at premises of Razorpay, others
The searches were carried out at five premises in Bengaluru on October 19, the Enforcement Directorate said. Razorpay said it cooperated with the agency and its funds were not seized.
DGP says 71 arrested, 173 fake or unauthorised loan apps removed from Google Play Store.
The deceased has been identified as Lanka Manikanta, a private milk van driver, from Prasadampadu in Vijayawada.
‘One of the 5 accused ran an unlicensed call centre in Madhapur area to blackmail victims’
He was even intimidating the borrowers, besides sending derogatory messages to their family members and friends.
Kadapa district Superintendent of Police KKN Anburajan said they received a complaint from Bandi Sai Kumar Reddy of CK Dinne mandal against harassment by loan app organisers.
Visakhapatnam cyber crime police identified fake accounts used for Loan App and arrested three accused.
The sharks get hold of the entire gallery of photos of men and women and morph them into nude and compromising positions and tag them to their friends and relatives.
Four members of a gang from Maharashtra were arrested for their involvement in operating two illegal mobile loan applications and harassing people to clear debts, police said on Saturday.
"ED has sought information regarding merchants to whom we provide payment processing solutions. It's hereby clarified that these merchants are independent entities & none of them our group entities."
They were transferring loan amounts and receiving the repaid/extorted money in their accounts, police explained.
The Finance minister has asked the RBI to prepare a whitelist of legal loan apps, and to cancel registration of dormant non-banking financial companies (NBFCs).
'The searches conducted at six premises led to the seizure of Rs 17 crore in merchant IDs and bank accounts of entities controlled by Chinese nationals,' the ED stated.
City Police Commissioner Shankar Jiwal on Friday said arrests were made and properties seized in three cases handled by the Central Crime Branch (CCB).
He is said to have taken loans to the tune of Rs 3.57 lakh through almost 10 apps, starting March 10 up to August 22.