CBI takes over probe into ‘Bike Bot’ scam
The Hindu
Over two lakh people were allegedly cheated of about ₹15,000 crore
The CBI has taken over the probe into the ‘Bike Bot’ scam in which more than two lakh people were allegedly cheated of about ₹15,000 crore on the false promise of lucrative returns on investments in a bike taxi service scheme.
The agency has named 15 people, including the company’s chairman-cum-managing director Sanjay Bhati, in the First Information Report (FIR). The Dadri police in Uttar Pradesh had earlier registered 11 cases and made several arrests in the matter.
According to the CBI case, complaints had earlier been submitted and the then Noida district authority and the police authorities were aware of the fraudulent activities of the company but did not take any action. The then Senior Superintendent of Police and the Superintendent of Police in Crime Branch instead pressured the complainants to withdraw their complaints, as alleged.

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