Latest news with #VijayShekharSharma
India Gazette
26-05-2025
- Business
- India Gazette
Union Minister Piyush Goyal meets Paytm founder, discuss making India digital payments powerhouse
New Delhi [India] , May 26 (ANI): In a significant step toward strengthening India's position in the global digital economy, Union Minister of Commerce & Industry Piyush Goyal, met with Paytm Founder and CEO Vijay Shekhar Sharma to discuss the future of fintech, digital payments, and inclusive e-commerce in India. During the discussion, Minister Goyal highlighted the government's vision of making India a global fintech and digital payments powerhouse. The conversation focused on the potential to export India-made payment systems to the world -- a domain where Paytm has been a pioneering force with innovations like mobile payments, QR based payments, Soundbox, card machines and UPI-based services. The two also discussed the inclusive potential of the Open Network for Digital Commerce (ONDC). With a strong emphasis on empowering neighbourhood Kirana stores and small business owners, the meeting explored how platforms like Paytm can help onboard these merchants into the formal digital ecosystem -- improving access, transparency, and economic opportunity. Following the meeting, Paytm posted, 'Thank you Hon'ble Minister @PiyushGoyal for the insightful discussion. We are committed to building for India and taking innovations from India to the world.' According to a company release, as one of India's leading mobile payments and financial services platforms, Paytm continues to drive technology-led growth with an unwavering focus on empowering small merchants, expanding UPI innovation, and contributing to India's digital economy goals. Paytm is the only payments platform that innovates user-centric products from downloading UPI statements in pdf and excel to hide or unhide payments and check bank account balance on the Paytm app, the release further states. This meeting reaffirms the collaborative effort between the private sector and the government in building a future-ready, globally relevant fintech ecosystem -- made in India, for the world. (ANI)
Time of India
23-05-2025
- Business
- Time of India
Scammer tries to fool Paytm CEO Vijay Shekhar Sharma by pretending to be... Paytm CEO? Here's how you can avoid such scams
In a plot twist straight out of a cyber-thriller, Paytm founder Vijay Shekhar Sharma recently found himself on the receiving end of a WhatsApp scam, by none other than a fraudster impersonating him. Yes, you read that right: a scammer posing as the CEO of one of India's leading fintech companies tried to trick the man himself. Sharma took to X (formerly Twitter) to share screenshots of the conversation, where the impersonator introduced himself as "Vijay Shekhar Sharma" and inquired if the real Sharma was in the office. The audacity of the scammer attempting to deceive the very person they were impersonating left netizens both amused and astounded. Impersonating myself to me 🥸 How did the scammer try to scam Paytm CEO Vijay Shekhar Sharma by being himself? In the messages, the fraudster requested that Sharma "check and report back" on the company's available funds and demanded the contact details of Paytm's finance head. They also asked him to forward an executable (.exe) file, disguised as a GST-related document, to the concerned person. Despite the potentially serious nature of the scam, no harm was caused. Sharma appeared to take the incident in stride, choosing instead to spotlight it with a dose of humour. By doing so, he not only drew attention to the pervasiveness of such frauds but also emphasised that even CEOs are not immune to digital trickery involving fake profiles, malicious links, and social engineering. This incident coincided with the Department of Telecommunications (DoT) launching the Financial Fraud Risk Indicator (FRI), a tool designed to enable advanced intelligence sharing among banks, UPI service providers, and financial institutions to counter financial fraud. VSS to VSS… How to protect yourself from scammers: Verify independently: Always confirm requests for money or sensitive information through a different channel, even if they seem to come from known contacts. Be wary of urgency: Scammers often create a false sense of urgency. Take a moment to think critically about any urgent requests. Check profile pictures and status: Scammers may use stolen profile pictures. Check if the status and other details match what you know about the person. Never share OTPs: Legitimate organizations will never ask for your OTP (One Time Password) over WhatsApp or any other means. Use two-factor authentication: Enable WhatsApp's two-step verification feature to add an extra layer of security to your account. While this incident highlights the increasing sophistication of cyber fraud, it also serves as a reminder that vigilance and awareness are key to protecting oneself from such scams.
News18
21-05-2025
- Business
- News18
'Impersonating Myself To Me': Paytm Founder Shares Hilarious Exchange With Scamster
Last Updated: Paytm founder and CEO Vijay Shekhar Sharma posted WhatsApp messages in which the fraudster introduced himself as "Vijay Shekhar Sharma" and asked him to save his "new phone number" Titled 'Impersonating myself to me", Paytm founder and CEO Vijay Shekhar Sharma on Wednesday shared what appeared to be a humorous exchange between him and a scamster, who was allegedly trying to pose as him to extract sensitive information about the company's funds. In a lengthy note on his X, Sharma posted a chain of WhatsApp messages in which the fraudster introduced himself as 'Vijay Shekhar Sharma" and asked him to save his 'new phone number". The encounter left internet users in splits, but spotlighted that not even those like him are spared when it comes to scamsters using sophisticated manoeuvres, advanced techniques, fake profiles, malicious links and impersonation. In this case, however, no harm was caused as Sharma took it in his stride and used the situation for comic relief. In one of the messages, the alleged fraudster urged him to check and report back on the company's available funds. The impersonator also demanded that he share the number and contact details of the finance head of the company, and went so far as to ask him to forward a suspicious .exe file—disguised as a GST document—to the finance executive. Notably, the Telecom Department on Wednesday introduced the 'Financial Fraud Risk Indicator (FRI)' that enables enhanced intelligence sharing with banks, UPI service providers and financial institutions, a step it believes would mark a major step towards tackling cyber fraud and financial crime. According to DoT, this will enhance cyber protection and validation checks in case of mobile numbers flagged with this tool, when digital payment is proposed to be made to such numbers. FRI allows for swift, targeted, and collaborative action against suspected frauds in both telecom and financial domains, an official release said. '…Department of Telecommunications (DoT) has announced sharing of 'Financial Fraud Risk Indicator (FRI)' with stakeholders — an output from a multi-dimensional analytical tool developed as part of the Digital Intelligence Platform (DIP) to empower financial institutions with advance actionable intelligence for cyber fraud prevention," the release added.. It is pertinent to mention that Airtel, earlier this month, launched a fraud detection solution that will identify and block malicious websites across all communication Over-The-Top (OTT) apps and platforms including WhatsApp, Telegram, Facebook, Instagram, email, and others in real-time. The service is currently available in Haryana circle, with a nationwide roll-out planned soon. First Published: May 21, 2025, 23:58 IST
Hindustan Times
21-05-2025
- Business
- Hindustan Times
Paytm founder Vijay Shekhar Sharma shares hilarious chat with scammer: ‘Impersonating myself to me'
Paytm founder and CEO Vijay Shekhar Sharma encountered an alleged scammer who tried to impersonate him to obtain sensitive company information. Sharma took to the social media platform X to share screenshots of a humorous exchange with the alleged scammer, penning a post titled "Impersonating myself to me". He revealed the chain of WhatsApp messages in which the fraudster introduced himself as Vijay Shekhar Sharma and asked the real Sharma to save his 'new' phone number. In one of the messages, the alleged fraudster also urged Sharma to check and report back on the company's available funds. The impersonator also demanded that Sharma share the number and contact details of the finance head of the company, and went so far as to ask Sharma to forward a suspicious .exe file—disguised as a GST document—to the finance executive. Vijay Shekhar Sharma played along with the alleged scammer and also hilariously urged the impersonator to consider a salary hike. The encounter, which left many netizens in stitches, also spotlighted the darker side of the digital world, where scamsters target unsuspecting individuals by using sophisticated manoeuvres, advanced techniques, fake profiles, malicious links, and impersonation to commit cyber fraud. The Telecom Department introduced the 'Financial Fraud Risk Indicator (FRI)' on Wednesday. This indicator enables enhanced intelligence sharing with banks, UPI service providersand financial institutions. The department believes this would mark a major step towards tackling cyber fraud and financial crime. According to the DoT, this will enhance cyber protection and validation checks for mobile numbers flagged with this tool when digital payment is proposed to be made to such numbers. An official release said FRI allows for swift, targeted, and collaborative action against suspected fraud in the telecom and financial domains. "...Department of Telecommunications (DoT) has announced sharing of 'Financial Fraud Risk Indicator (FRI)' with stakeholders -- an output from a multi-dimensional analytical tool developed as part of the Digital Intelligence Platform (DIP) to empower financial institutions with advance actionable intelligence for cyber fraud prevention," the DoT release stated.
NDTV
21-05-2025
- Business
- NDTV
"Impersonating Myself To Me": Paytm CEO Shares Exchange With Scamster
New Delhi: Vijay Shekhar Sharma, the chief of Paytm left his followers in splits today, sharing screenshots of his conversation with someone impersonating him. The imposter, a scammer, was out to extract sensitive information about the company's funds and asked him multiple questions about the funds and contact details of the finance head of the company. He said his phone was being formatted so he did not have anyone's number. Titling the post "Impersonating myself to me", Mr Sharma provided multiple screenshots of the long conversation, where the scammer introduced himself as Vijay Shekhar Sharma and asked the real Sharma to save his "new" phone number and questioned whether he was in the office. The Paytm chief played along. In course of the conversation, the scammer asked Mr Sharma to check and report back on the company's available funds. He also demanded a screenshot of the account books. In another message, he asked Mr Sharma to forward a suspicious .exe file-disguised as a GST document-to the finance executive. The last message from the screenshots was from Mr Sharma, where he asked for a salary hike. The encounter spotlighted the darker side of the digital world, where unsuspecting individuals are targeted by scamsters using sophisticated manoeuvres, advanced techniques, fake profiles, malicious links and impersonation. On Wednesday, the Telecom Department introduced the 'Financial Fraud Risk Indicator (FRI)' that enables enhanced intelligence sharing with banks, UPI service providers and financial institutions. It is expected that the step would help tackle cyber fraud and financial crimes.
