Beware The BIKE BOT Scam
Beware The BIKE BOT Scam
There are allegations of fraud on a company running a bike taxi (bike bot). The company named Garvit Innovative Promoters Ltd was running a bike taxi (bike bot) named after the bike bot. In many cities of the country, including Delhi-NCR, the company was offering bike taxi (bike bot) . The company’s CMD Gautam Buddha Nagar’s former charge of Sanjay Bhati is BSP. Against Sanjay Bhati and his associates, FIR has been lodged in Gautam Buddha Nagar, ie Noida’s Dadri Police Station.
Jagatpura against Sanjay Bhati, Sunil Kumar Meena of Jaipur has registered a case of cheating of Rs 34 lakhs. According to Sunil, he had invested Rs 34 lakh in Sanjay Bhati’s company Garvit Innovative Promoters Ltd. Then Sanjay Bhati’s company bike bot Garvit Innovative Promoters Ltd had said that instead of this investment it will be given 51 bikes and drivers. Then, within a year, a return of 74 lakhs will be available. The company gave returns for the first two months. After this, the installment of the return stopped.
This can be a very big fraud. Thousands of people have been cheated in this Dadri police have registered a case against Rajesh Bhardwaj, Sunil Kumar Prajapati Dadri, Deepti Chahal, Sachin Bhati Dadri and Karan Pal Dadri in addition to Sanjay Bhati. Along with Sunil Kumar Meena, thousands of investors have complained about this kind of fraud.
How It Started ?
Sanjay Bhati had formed the proud Innovative Promoters Limited in 2010. The company started a startup in February 2018, called the bike bot. The company launched its app in nearly 50 cities. It was downloaded from the Google Play Store Then the motorcycle was booked with the help of an app. This bike taxi left you to your place. It was a bike taxi (bike bot) service like Ola and Uber. Seeing this service became popular in cities like Noida, Greater Noida, Ghaziabad, Meerut, Kanpur and Lucknow.
The company had launched more than 1500 bikes in 50 cities. The special thing is that these motorcycles were not even by the company Garvit Innovative Promoters Ltd of Sanjay Bhati. It means that they went with money from investors and went right there. A business plan was put in front of the investors It was told that you invest the amount of the bikes in the company. Bike rides on the road. The money you get from them will get you returns in the month.
How Fraud happened?
People have no doubt in the beginning With the launch of the bike taxi service, the company introduced an investment plan in front of the people. These plans were like some chitfund companies. People were told that you invest money in a bike or the price of more than one bike in the company. In return, the company will give you a certain return every month. According to a plan, the company promised to give a return of Rs 9,756 per month to the investors at an investment of Rs 62,100. That is, a return of Rs 1,17,180 a year. There were many such plans of the company
Garvit Innovative Promoters Ltd or bike bot.
In this way the bike bot company raised millions of rupees from the people. The proud Innovative Promoters Limited had distributed franchises across the country to raise money in such a way. People were told that you can invest money in the company of the cost of 3, 5 or 7 bikes. In return you will get a good return. The amount invested under the majority of the plan was claimed to be more than double in a year. Seeing the strong profits, people spent their lifetime investing in this company overnight.
How many people got cheated?
According to Dadri Police, the company of Sanjay Bhati opened its office in many cities of Delhi, Rajasthan, Haryana and Uttar Pradesh. And invested crores of rupees from the people. According to the company’s website, the company had opened its office in UP’s Muzaffarnagar, Bijnor, Allahabad and Agra. Similarly, the company was going to start its operations in Gururgram, Faridabad, Panipat and Ambala.
Along with Ludhiana and Jalandhar of Punjab, the company had also applied for running a bike taxi (bike bot) service in the RTO office in Chandigarh. The company was also in the process of starting its services in Ranchi, Jaipur, Kota, Udaipur, Indore and Ahmedabad. There are allegations that Sanjay Bhati’s company has distributed crores of rupees from people by distributing franchises in these cities.
Running for several months
People had doubts from the beginning against this company since the beginning. When people stopped getting returns, different companies in the company started making a ruckus. A few days ago, the company had made a strong ruckus at the company’s office located in Kot village, Dadri. The allegation is that the big owners of the company own the hand. That is why it is not being processed
Many leaders and officials were present at the launch of the company. There are many investors who have made strong investments. Now all such people are trapped. These people are constantly chasing the company’s offices.
Who is Sanjay Bhati?
Sanjay Bhati had kept his company’s office at GM Road in Dadri’s Cheeti village. It is alleged that he is close to a BSP legislator from Rajasthan. Through this, Bhati got the charge of Gautam Buddha’s BSP in charge. Later, the BSP leadership came to know about his performance. It was immediately removed from this post. Still he used to collect millions of rupees by using his mouthpiece.
What to do now?
If you are also a victim of a fraud in bike bot by Garvit Innovative Promoters Ltd. or any other company. First of all try reaching your Great Uplines and ask them to help in second scenario don’t wait file the case immediately even if you think you should wait, you shouldn’t.
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