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An investigation revealed fraud of Rs 10 crore: Paytm's Vijay Shekhar Sharma

Following an investigation, Paytm has discovered fraud of over Rs 10 crore into a large percentage of cashbacks gained by small merchants, the founder of digital platform Vijay Shekhar Sharma said on Tuesday. He further informed that It has de-listed hundreds of sellers apart from sacking many employees. After Diwali, the investigation began over suspicious large cashbacks to small sellers.