Indore, MP – In a significant breakthrough, the Indore Crime Branch has arrested Nishant Soni, a former employee of Payjas Payment India Pvt Ltd, for allegedly orchestrating a sophisticated cyber fraud totaling over Rs30.56 lakh.
Payjas, a company offering digital payment, bill settlement, and recharge services, reported the fraud earlier this year after identifying unusual transactions from its systems.
Investigators revealed that on March 29, 2025, Soni hacked into the company’s admin account by using the stolen credentials of another employee, Komalchand Kushwaha. He then transferred over ₹30 lakh to settle multiple credit card bills.
Further investigation uncovered that Soni conducted additional unauthorized transactions in June, suggesting a deliberate and repeated exploitation of the company’s internal systems.
Authorities stated that Soni used his insider access and technical know-how to route the stolen money through several bank accounts before ultimately moving it into his own.
A case has been registered at the Crime Branch Police Station under relevant sections of cyber and financial crime laws. Officials are now tracing all accounts and individuals linked to the fraud as the investigation continues.
