Wallets to Bank Accounts, All Emptied? Rs 40-Crore MobiKwik Glitch Scam Shocks Gurgaon
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Summary
Six men were arrested in Gurgaon for exploiting a technical flaw in the MobiKwik payment app, orchestrating a Rs 40 crore fraud. The scammers manipulated a loophole that processed failed transactions ...
Key Details
Published
17 September 2025 at 09:00 am
Source
The 420
Channel
mobile banking app
Victim Profile
digital payment user
State
Haryana
City
Gurgaon
Amount Loss Range
> ₹10000000
Fraud Keywords
mobikwik app glitchfailed transaction exploitationpayment app vulnerabilityfintech loopholefraudulent merchant creditstransaction processing flawtechnical vulnerabilitypayment system manipulation
Tags
Digital Footprint
Rehan (arrested suspect)Mohammad Sakil (arrested suspect)Wakar Yunus (arrested suspect)Wasim Akram (arrested suspect)Mohammad Amir (arrested suspect)Mohammad Ansar (arrested suspect)MobiKwik payment application2,500 bank accounts (frozen)Sector 53 police station (complaint filed)BNS Sections 318(4) and 314