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Three Paytm employees, including a woman, were arrested by the Noida police on Monday, in an extortion case related to the e-wallet major’s founder, Vijay Shekhar Sharma
These employees had allegedly attempted to extort ₹20 crore from the Paytm founder after threatening to leak personal data and confidential information, thereby causing loss to the e-wallet major and denting its public image.
Confirming the arrests of three employees, Paytm said in a statement: “We are standing by our colleagues till the police enquiry reaches its meaningful conclusion.”
The arrested woman, who allegedly masterminded the extortion bid, was the secretary of Sharma. He had made the police complaint after which an FIR was registered and immediate action taken against the concerned employees.
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