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SUMMARY
MobiKwik was defrauded of INR 40 Cr by some registered merchants and users between September 11 and 12
The company said that some merchants and users, in collusion with each other from limited locations of Haryana, claimed unauthorised settlement from the company
The Delhi NCR-based company also added that legal enforcement agencies have taken proactive steps to put debit-freeze and lien mark all the bank accounts where the unauthorised settlements were credited
Listed fintech company MobiKwik
was defrauded of INR 40…
