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Extortion bid on Paytm founder

3 Paytm employees arrested

Source: Shutterstock

PTI
Noida | Published 22.10.18, 09:21 PM

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.

The trio had threatened to leak stolen personal data and misuse the information to cause the firm loss and dent its public image, police said.

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The woman, who allegedly masterminded the extortion bid, is Sharma’s secretary.

The three employees of the Noida-headquartered e-commerce and wallet firm were arrested from Sector 20, while the fourth accused is still at large, a senior officer 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, Gautam Buddh Nagar, Ajay Pal Sharma, said.

The SSP said they would seek their custody to interrogate them further.

Crime Extortion Paytm
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