Cyber criminals targeting Paytm accounts faced a rude shock as Noida Police’s Cyber Crime Cell arrested two pivotal players in a Rs 30 lakh deception racket. The fraud involved hacking and illegally defreezing frozen bank accounts to extract massive sums.
The breakthrough occurred on January 20-21 following credible inputs, leading to one arrest in Jaipur and another in Noida. Forensic analysis confirmed the suspects accessed pilfered computer resources from Paytm Payment Bank, reactivating accounts under lien from earlier fraud cases.
A detailed complaint on August 30, 2024, had set the probe in motion, highlighting unauthorized fund releases by bank insiders without lawful clearance. With two arrests already in the bag, these new detentions—Rajesh Kumar Meena from Rajasthan and Sachin from UP—expose the syndicate’s backbone.
Questioning continues to map the full conspiracy. Officers warn that such insider-enabled frauds erode public trust in digital banking. ‘Stay alert and verify before transacting,’ they advised citizens.
This action is part of a broader campaign against rising cyber offenses. Noida’s proactive stance sets a precedent, blending tech-savvy policing with community alerts to fortify the cyber ecosystem.