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Oct 6, 2017

Mobikwik Bug Allows Users To Withdraw Unlimited Money | officechai.com

A technical glitch in Mobikwik’s systems has allowed nearly 6000 users to make away with Rs. 19 crore of the company’s money. This Tuesday, Mobikwik approached the Gurugram police after discovering that Rs. 19 crore was missing from its accounts. The company had scanned its records and accounts, but couldn’t ascertain where the money had gone. An FIR was filed on Wednesday, following which the police started looking into the case. 

Mobikwik, for its part, has told its users that their money is safe. “We reassure our customers that users’ data and money are safe, and nothing has been compromised,” the company said in a statement. 

Read more at https://officechai.com/startups/mobikwik-bug/#sthash.WDUtK1l2.HOLZSjvU.dpbs

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