Archive · 16 Sep 2025
MobiKwik App Glitch Exploited in Rs 40 Crore Fraud
Some people found a trick in the MobiKwik app that let them take money even if they didn't have enough.
They used this trick to steal a lot of money.
The app is like a digital wallet.
They got caught, and the police froze many bank accounts.
The police are still looking for more people involved.
The company that runs MobiKwik filed a complaint, and now the police are investigating the case.
The fraudsters took advantage of a flaw in the app, and the money stolen may increase as the investigation continues.
Gurgaon police uncovered a Rs 40 crore fraud exploiting a glitch in the MobiKwik app.
Six individuals were arrested in Gurgaon in connection with the fraud.
Approximately 2,500 bank accounts involved in the fraud have been frozen.
Rs 8 crore has been recovered from the frozen accounts.
The accused exploited a technical flaw in the MobiKwik app to conduct fraudulent transactions.
- Who
- Gurgaon police arrested six individuals: Rehan, Mohammad Sakil, Wakar Yunus, Wasim Akram, Mohammad Amir, and Mohammad Ansar.
- What
- The accused exploited a glitch in the MobiKwik app to conduct fraudulent transactions and transfer money into their bank accounts.
- When
- The fraud was discovered during an internal audit on September 12th. The complaint was filed on September 13th, and the arrests were made on Monday.
- Where
- The fraud occurred through the MobiKwik app, with arrests in Gurgaon, India.
- Why
- The motive was financial gain, as the accused exploited a technical flaw to make transactions without sufficient balance.
- Fraud Type
- Exploitation of MobiKwik App Glitch
- Total Fraud Amount
- Rs 40 crore
- Bank Accounts Frozen
- 2,500
- Amount Recovered
- Rs 8 crore
- Accused Arrested
- 6
- Location of Arrests
- Gurgaon
