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MobiKwik loses ₹40 crore in 48 hours as fraudsters exploit glitch; 2,500 bank accounts frozen
Digital wallet company MobiKwik lost ₹40 crore in 48 hours after fraudsters exploited a glitch in the app. The Gurugram Police identified 2,500 bank accounts that received fraudulent funds. The police have frozen the bank accounts and have recovered ₹8 crore. The police have arrested six accused from Gurugram.