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Bengaluru Fintech Scam: MobiKwik Xtra Investors Face Blocked Funds

Bengaluru police have registered cases against MobiKwik and Lendbox, following complaints from investors who claim that their funds are blocked under the MobiKwik Xtra investment scheme. The complaints allege that the fintech companies promised high, fixed-deposit-like returns and easy withdrawals but later restricted access to invested money. Authorities say more than 1,050 investors across India could be affected, with combined exposure of over Rs 11.9 crore. Investors hav

Money & Investments

19 May 2026 12:31 PM 95 views

Bengaluru Fintech Scam: MobiKwik Xtra Investors Face Blocked Funds

Bengaluru police have registered cases against MobiKwik and Lendbox, following complaints from investors who claim that their funds are blocked under the MobiKwik Xtra investment scheme. The complaints allege that the fintech companies promised high, fixed-deposit-like returns and easy withdrawals but later restricted access to invested money. Authorities say more than 1,050 investors across India could be affected, with combined exposure of over Rs 11.9 crore. Investors hav

Money & Investments

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#blockedfunds

Bengaluru Fintech Scam: MobiKwik Xtra Investors Face Blocked Funds

Bengaluru Fintech Scam: MobiKwik Xtra Investors Face Blocked Funds

Indian student handcuffed and deported from US airport, shocking incident goes viral

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Indian student handcuffed and deported from US airport, shocking incident goes viral

Iran Fires Missiles At Israeli Air Base

Will teams trade up early in the 2026 NFL Draft? Yes, movement is expected in the top 10

US-Iran tensions rise as Trump makes unverified oil shipment claims

New Liquor Policy Announced in Andhra Pradesh: Key Changes and Impacts

Rebels Close In on Homs in Syrian Offensive Against Assad

"Gold Prices Surge on Dhanteras, Approaching Record Highs"

Nara Lokesh fever grips Vizianagaram

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Cockroach Janta Party Founder’s Parents Fear Arrest After Viral Rise

#blockedfunds

Bengaluru Fintech Scam: MobiKwik Xtra Investors Face Blocked Funds

Bengaluru Fintech Scam: MobiKwik Xtra Investors Face Blocked Funds

Indian student handcuffed and deported from US airport, shocking incident goes viral

Iran Fires Missiles At Israeli Air Base

Will teams trade up early in the 2026 NFL Draft? Yes, movement is expected in the top 10

US-Iran tensions rise as Trump makes unverified oil shipment claims

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Rebels Close In on Homs in Syrian Offensive Against Assad

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