In a major cyber fraud case, six individuals were arrested for allegedly exploiting a technical glitch in the MobiKwik mobile app, siphoning off over Rs40 crore. The Gurugram Police also froze 2,500 bank accounts with a total balance of Rs8 crore linked to the scam.
The fraud came to light after One MobiKwik Systems Ltd. filed a complaint on September 12, reporting suspicious transactions involving both registered merchants and unidentified individuals.
According to the company, a technical glitch in the app allowed certain failed transactions to reflect as successful, crediting funds to merchant accounts even when no money was actually debited.
“Even if users entered wrong passwords or had insufficient balance, the app still marked transactions as successful,” said a Gurugram police spokesperson.
The Accused
The arrested individuals were identified as:
Rehan (Rewasan village, Nuh)
Waqar Yunus, Mohammad Amir, and Mohammad Ansar (Kameda village, Nuh)
Wasim Akram (Maroda village, Nuh)
Mohammad Sakil (Utawad village, Palwal)
They were arrested on Monday and sent to judicial custody by a local court on Tuesday.
Modus Operandi
The accused discovered that even failed UPI and QR code transactions were being processed as successful due to a flaw in the MobiKwik system. Exploiting this, they moved over Rs40.22 crore into various accounts using multiple identities.
The 2,500 bank accounts found to be beneficiaries of the fraud were frozen during the investigation.
Police & Community Action
Police in Nuh district issued advisories after discovering that residents also received funds through these fraudulent transactions. In collaboration with MobiKwik, a special camp was set up to address issues faced by affected individuals.
A case was filed on September 13 at the Sector 53 Police Station, under relevant sections of the Bharatiya Nyay Sanhita (BNS).
Authorities continue to probe the depth of the scam and are urging people not to misuse funds received unknowingly.
