Paytm Fraud Case

The HPZ Token scam scam, allegedly operated by 10 Chinese nationals, involved the collection of over Rs 2,200 crore from investors across 20 states

In the past one month, Paytm stock has outperformed the market by zooming 25 per cent, as compared to 4.5 per cent rise in the BSE Sensex, data shows

These refunds made through different Paytm wallets and bank accounts resulted in the loss of Rs 11 mn between August 2015 and May 2015 which was detected during the account reconciliation exercise