Paytm employees held for 'blackmailing' CEO Vijay Shekhar Sharma for Rs 20 cr


New Delhi, Oct 23(PTI): Three Paytm employees, including a woman, were arrested on Monday for allegedly trying to extort Rs 20 crore from the e-wallet giant’s founder Vijay Shekhar Sharma after threatening to leak stolen personal data and confidential information, Noida Police said here.

The arrested woman, who allegedly masterminded the extortion bid, is the secretary of Sharma and the trio had threatened to leak the data and misuse the information to cause the firm loss and dent its public image, officials said. The three employees of the Noida-headquartered e-commerce and wallet firm were arrested by a team from the Sector 20 police station, while the fourth accused in the case is still at large, a senior official said.

“The owner of Paytm had made a complaint with the police that their employees, a woman and her aides, had stolen some data from the company and were blackmailing. They were demanding Rs 20 crore for not leaking it,” Senior Superintendent of Police (SSP), Gautam Buddh Nagar, Ajay Pal Sharma said.

 

“Taking immediate action on it, an FIR was registered and three persons, including the woman, arrested. They are being probed about the data and their modus operandi. Police will share the facts as they are unearthed,” Sharma said. The SSP said they will seek their custody to interrogate them further and gather more details.

  

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Comment on this article

  • Vincent Rodrigues, Katapadi/Bangalore

    Tue, Oct 23 2018

    DISGUSTING AND UNWARRANTED DEVELOPMENT INDEED

    DisAgree Agree [1] Reply Report Abuse

  • Pais, Mangalore

    Tue, Oct 23 2018

    This needs detailed probe and not just a mere eyewash investigation.. if the leaked information is worth blackmailing(if true that is) then Paytm definitely has some skeletons that they are hiding in their cupboards...

    DisAgree Agree [5] Reply Report Abuse

  • Tell The Truth, Mangalore

    Tue, Oct 23 2018

    Paytm belonged to china. Something fishy. Firm well established.

    DisAgree [3] Agree [2] Reply Report Abuse

  • Rolf, Dubai

    Tue, Oct 23 2018

    o bakatha it belong to your cheddi cowerment.
    do not try to escape by balming china.
    why dont you complain the statue of sardar built by China.there is sumthing fishey.

    DisAgree Agree [2] Reply Report Abuse


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Title: Paytm employees held for 'blackmailing' CEO Vijay Shekhar Sharma for Rs 20 cr



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