Payment gateway company account hacked in Thane, ₹16,180 crore siphoned off

A group of persons allegedly hacked into a payment gateway service provider company’s account and siphoned off funds worth over ₹16,180 crore from different bank accounts over a period of time, the Thane police said.

The fraud was taking place since long and came to light following a complaint lodged with Srinagar police station in Maharashtra’s Thane city of hacking of the payment gateway account of the company here in April 2023 and ₹25 crore being siphoned off, an official from Naupada police station said.

When the police conducted a probe into it, a mega fraud worth over ₹16,180 crore came to light, the official said quoting the FIR.