Paytm Founder’s Secretary Arrested For Blackmailing Him For 20 Crores

The three employees of the Noida-headquartered e-commerce and wallet firm were arrested by a team from the Sector 20 police station, while the fourth accused in the case has escaped

Three Paytm employees including a woman have been arrested on Monday for allegedly trying to extort Rs 20 crore from the founder Vijay Shekhar Sharma after threatening to leak stolen personal data and confidential information, Noida Police said.

One of the employees who has been arrested is Vijay Sharma’s secretary who allegedly is the master mind behind it. All three of them had threatened to leak the data and misuse the information to cause loss to the firm and dent its public image, officials said.

The three employees of the Noida-headquartered e-commerce and wallet firm were arrested by a team from the Sector 20 police station, while the fourth accused in the case has escaped, a senior official said.

“The owner of Paytm had made a complaint with the police that their employees, a woman and her aides, had stolen some data from the company and were blackmailing. They were demanding Rs. 20 crore for not leaking it,” Senior Superintendent of Police (SSP), Gautam Buddh Nagar, Ajay Pal Sharma said.

“Taking immediate action on it, an FIR was registered and three persons, including the woman, arrested. They are being probed about the data and their modus operandi. Police will share the facts as they are unearthed,” Vijay Sharma said.

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