Paul Merchants website: 5 hack online payment wallet, cheat firm of Rs 1.94 crore; arrested

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5 folks together with a BSc graduate with sound information of cyber safety had been arrested for dishonest a number one non-banking monetary agency, Paul Retailers Non-public Restricted, of Rs 1.94 crore, after hacking their on-line fee mode PaulpayV2.0.

The accused cheated the cash by creating 1,497 pretend identities on the app and making a complete of three,114 transactions. The principle accused and BSc graduate was recognized as Rohtash Kumar (27) of Adampur in Hisar. The others are Pankaj Kumar (29) of Sirsa, Vikram (29), Mukesh Kumar (29) and Rajender Parsad alias Raju (38), all from Hisar.

A case was registered on the criticism of the managing director of Paul Retailers in Sector 22 on December 21, 2022. She reported an incident of their techniques being hacked and dropping cash value Rs 1.95 crore.

She mentioned that their agency was authorised by the RBI to concern pay as you go wallets and playing cards to most people. UT Police first arrested Pankaj on January 5, 2023, and subsequently made the opposite arrests.

The accused spent the cheated cash to pay mortgage installments of no less than 4 vans, which had been seized, recharging FASTags of numerous automobiles, buying Amazon present playing cards, paying gold mortgage installments, and so forth.

They dedicated the fraud over the past two months. “Rohtash Kumar has sound information of laptop science and cyber instruments. He hunts for bugs in monetary functions accessible on Google Playstore, iTunes, and so forth.

He discovered a bug in PaulpayV2.0 app and used Burp Suite toolkit to intercept the information of the Paulpay web site. Attributable to this interception, he was in a position to cease the indicators to the cash-free fee gateway and bypass it. Thus, the transactions had been efficiently made on the server even after cancelling the identical from the web site’s finish.

He taught his pals Rajender Parsad alias Raju and Mukesh the tactic and after that they took the assistance of the opposite accused to organize the pretend IDs. They had been in a position to cheat roughly Rs 2 crore. The investigation of the case is in progress and the accused are in police remand and being interrogated to search out out the whereabouts of the others and their involvement in different cyber crimes,” SP (Cyber), Ketan Bansal, mentioned.

The pay as you go wallets and playing cards issued can be found on Android and Apple and folks may avail fee companies (utility payments fee, recharge cell, DTH or FASTags, and so forth.,) by the app.
Police mentioned that in the course of the investigation, they discovered the situation of some cell numbers used to create the pretend IDs as Mukherji Nagar in Delhi. A raid was carried out there and Pankaj Kumar was arrested.

A couple of SIM playing cards had been recovered. Later, the opposite accused had been arrested. Vikram run a restaurant Tulshi Chowk, Fatehabad, Haryana, police mentioned.


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