Mumbai woman arrested for secretly hacking Demat account, selling 4.58Cr

India Nov 05, 2026

A woman in Mumbai has been arrested for hacking into someone else's Demat account and secretly selling shares worth ₹4,58,34,579.

The hack happened on August 10, 2026: she bought cheap stocks using the victim's money, causing a big loss of ₹2,86,74,547.

Woman stole OTPs, authorities warn

Turns out, she got into the victim's email and phone to grab those all-important OTPs for stock trades.

After the case was reported on August 26, 2026, police tracked her down and arrested her.

Authorities are now reminding everyone: don't click sketchy links when it comes to your finances, and always keep your account info safe.

If you ever get caught up in cyber fraud, reach out to the national helpline or report it online, better safe than sorry!