Paytm founder blackmailed by secretary, 3 others demanding Rs 20 cr else face data leak

vijay shekhar sharma blackmailed

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

The Hush Post | 19:25 pm| two-minute-read
Vijay Shekhar Sharma, the founder of e-wallet giant Paytm was threatened by three of his employees with data leak. The threat was non-physical in nature, nonetheless, something which Paytm had to treat like crises and they did.
The three employees were arrested on Monday for allegedly trying to extort Rs. 20 crore from Vijay Shekhar Sharma. They were threatening to leak stolen personal data and confidential information, Noida Police said.
The arrested woman, who allegedly masterminded the extortion bid is Sharma’s secretary. All three of them had threatened to leak the data and subsequently misuse the information. This would have caused loss to the firm and dent its public image. The three employees of the Noida-headquartered e-commerce and wallet firm were arrested by a team from the Sector 20 police station. The fourth accused is still at large. “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,” Sharma reportedly said.

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