Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Six arrested after payments app glitch enabled illegal transfers of about Rs 40.22 crore; 2,500 accounts frozen</h1> Six people were arrested after a digital payments firm alleged a technical glitch in its mobile app caused failed transactions to appear successful, enabling merchants and others to illegally transfer about Rs 40.22 crore to various bank accounts. An FIR was lodged under relevant provisions of the Bharatiya Nyay Sanhita and preliminary investigations led to arrests and production of the accused in court, which remanded them to judicial custody. Authorities froze roughly 2,500 bank accounts holding about Rs 8 crore. Local cyber units, with the payments company, are notifying affected accountholders and conducting outreach to investigate and contain the fraud.