2 arrested, 2 at large for hacking and siphoning 25 cr

Authorities have registered a case against four individuals connected to the hacking of a payment gateway company’s software and the subsequent siphoning of 25 crore. Investigations have revealed that the culprits established a fictitious firm using counterfeit documents to facilitate the unlawful transfer of funds. Two suspects from Gujarat have already been apprehended in connection […]

by TDG Network - October 10, 2023, 12:37 pm

Authorities have registered a case against four individuals connected to the hacking of a payment gateway company’s software and the subsequent siphoning of 25 crore. Investigations have revealed that the culprits established a fictitious firm using counterfeit documents to facilitate the unlawful transfer of funds. Two suspects from Gujarat have already been apprehended in connection with the crime.

The investigation has disclosed that of the ₹25 crore siphoned, a total of ₹1.39 crore was redirected to the fraudulent firm’s account located in Navi Mumbai. According to the FIR registered with the police, the second arrested suspect transferred ₹64 lakh to the fake firm’s account based in Navi Mumbai.

Following this lead, the police conducted a search at the firm’s office in Navi Mumbai and discovered forged documents used by the four partners to establish the fake company, situated in close proximity to Thane railway station.

Subsequently, a fresh case has been registered at the Naupada police station, encompassing charges of cheating, forgery, and other criminal conspiracy-related sections. Throughout the investigation, the police uncovered multiple bank accounts and notarized documents.