The cyber crime unit probing into the MobiKwik case, where the digital wallet company lost over Rs 19 crore due to a technical glitch in its online payment system, has identified possible offenders and has started raiding their locations.
As per a report in Economic Times, these people were aware of the glitch and still carried out multiple transactions.
Police has told ET that funds had been transferred to accounts of around 6,000 people. Of this, 100 took advantage of the glitch and siphoned off Rs 16-17 crore.
Last week, MobiKwik reported Rs 19 crore as missing from its account when it detected something unusual after it scanned the records and accounts and couldnâ€™t ascertain where the money went.
In the complaint filed with the police, MobiKwik said that money which was supposed to be deducted from the wallet of customersâ€™ accounts, got deducted from the firmâ€™s personal account instead.
Meanwhile, a MobiKwik spokesperson claimed that user data and money were not compromised and remained safe.
Apart from the Rs 16-17 crore, police have said that the remaining money was transferred to nearly 6,000 accounts and their transactions were paltry figures, and will not be brought under the investigation.
Police are now looking for those who transferred larger amounts of as much as Rs 2 crore. Three people have been identified, two of which are based in Kolkata and Kurukshetra, and one out of Mumbai, who transferred Rs 2.5 crore.
Banks too, will be served notices and called to join the investigation, especially because the money used by consumers was being deducted from the companyâ€™s corporate account and banks did not raise a red flag on this when there were unusual transactions.
â€śHad they apprised the firm about the unusual transactions, the company would have been able to save its funds. We will call the banks and issue them notices to join the investigation soon,â€ť inspector Anand Yadav, in-charge of cyber crime cell told ET.