Suspicious payout that exposed Rs 16,000 crore scam bigger than PNB con orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.
Suspicious Payout That Exposed Rs 16,000 Cr Scam Bigger Than PNB Con menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
It was one innocuous transaction among lakhs conducted daily, that was detected by a digital payments company and which finally helped blow the lid off a web of fraudulent transactions worth over Rs 16,180-crore - bigger than the Punjab .
The mega-scam was officially revealed on October 9 by Thane s Shrinagar Police Station which had lodged a FIR after a complaint was filed by Safexpay Technology Pvt. Ltd., Thane.
While two people have been arrested in the cyber fraud case by Shrinagar police, this is the first arrest in the cheating case related to it lodged by Naupad police | Mumbai news