New Delhi:Central Bureau of Investigation (CBI) registered an FIR to investigate the 'Bike Bot' scam against an Uttar Pradesh-based company in which around two lakh investors across the country were allegedly cheated to the tune of Rs 15,000 crore, a senior official of the agency said on Monday. CBI took over the investigation into 11 cases registered at Dadri police station in UP's Gautam Budh Nagar district.
The FIR which names 14 people alleges that Sanjay Bhati, the Chairman and Managing Director (CMD) of the UP firm, along with his family members, incorporated a company known as (GIPL). The registered office of the company was established in Greater Noida in Gautam Budh Nagar district.
In August 2017, the company allegedly came out with a scheme 'Bike Bot'-The Bike Taxi powered by GIPL. Under the scheme, the investor had to invest Rs 62,100 for the attachment of one bike and its EMI was fixed at Rs 5175 per month. The bike rent was fixed at Rs 4590 per bike, per month.