Archive · 27 Oct 2025
Plumber and Student Arrested in Rs 47 Crore Cybercrime
Hackers from Hong Kong, hired by people in Dubai, stole about Rs 47 crore from a finance company called Whizdm.
They used special computer addresses to hide what they were doing and took money from the company's bank accounts.
Two people were arrested for helping them.
One of them was a plumber, and the other one studied up to Class 10.
The police are investigating to find others involved and get the stolen money back.
The hackers pretended to be loan seekers and transferred the money to many different bank accounts.
Hackers transferred approximately Rs 47 crore from Whizdm Finance Private Limited.
The crime involved Hong Kong-based hackers and Dubai-based individuals.
A plumber and a man who studied up to Class 10 were arrested.
The hackers used foreign IP addresses to hide the transactions.
Police have recovered Rs 10 crore and are working to recover more.
- Who
- Dubai-based individuals, Hong Kong hackers, two arrested men, and Bengaluru Police.
- What
- Unauthorized transfer of approximately Rs 47 crore from Whizdm Finance Private Limited.
- When
- August 6-7, 2024 with arrests made on September 25 and October 9.
- Where
- Bengaluru, India; Hong Kong; Lithuania; and Dubai.
- Why
- Financial gain through fraudulent transactions.
Legal Actions
Illegal Actions
Cybercrime
Legal Actions
Investigations and legal actions were taken to capture and arrest the hackers
Illegal Actions
Hackers illegally siphoned a huge amount of money from the finance firm
- Victim
- Whizdm Finance Private Limited
- Amount Stolen
- Rs 47 crore
- Hacker Origin
- Hong Kong
- Mastermind Location
- Dubai
- Arrests
- Two
- Recovered
- Rs 10 crore
- Transactions
- 1,782
Sources
Cyber Cops Unearth Rs 48 Crore, Foreign Hackers, Dubai Links Under Probe
Hong Kong Hackers Transfer Rs 48 crore From a Private Fianance Firm's Bank Accounts, 2 Held