Razorpay Scam: What happened? ⚪️Dec '23: Witzeal Tech's Kushal Singh reported Rs 6.14 crore fraud. ⚪️Businessman Harmeet Singh Malik used VPN to transfer money to 141 accounts; 7 arrested. ⚪️FIR under IPC sections 419 and 420 filed on Jan 17. ⚪️During probe, Rs 10 lakh deposited in Udaanpe Infoserve's ICICI. ⚪️Jan'24 - Udaanpe CEO Shantanu Anand arrested on along with 4 others. ⚪️Money transferred from Udaanpe account to other banks; converted to USDT crypto and sent to Dubai wallets. ⚪️Police seek two fugitive suspects. Do you use Razorpay? Are you going to stick to it?
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