Three Paytm employees were arrested on Monday for allegedly trying to extort Rs 20 crore from the e-wallet giant's founder Vijay Shekhar Sharma after threatening to leak stolen personal data and confidential information, Noida Police said.
The arrested woman, who allegedly masterminded the extortion bid is Mr Sharma's secretary. 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 is still at large, 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," Mr Sharma said.
Disclosure: Paytm's parent company One 97 is an investor in Gadgets 360.
School Bus Overturns In Greater Noida, Few Children Hurt: Police Man Files Car Theft Complaint After Hiding His Vehicle, Arrested: Noida Cops Paytm Rapped By Markets Regulator Over Transactions With Banking Subsidiary World's Largest Isolated Tribe Makes Rare Appearance In New Footage At Least 2 Passengers Die As Chandigarh-Dibrugarh Express Derails In UP Puja Khedkar's Mother Was Hiding In Lodge As "Indubai" Using Fake ID Britain Failed By Flawed Planning For Coronavirus Pandemic, Probe Finds Malavika Mohanan's Pastel Saree Perfectly Matched Her Charming Elegance Chartered Accountancy Final Exam Schedule For November Session Out Track Latest News Live on NDTV.com and get news updates from India and around the world.