Enforcement Directorate has attached assets worth over ₹394 crore in the 'Bikebot' Ponzi scam case in Uttar Pradesh. Immovable properties, released mortgaged land worth ₹389 crore, and fixed deposits worth ₹5.12 crore were seized. The fraud scheme run by Garvit Innovative Promoters (GIPL) allegedly duped investors with false promises of returns through a non-functional bike taxi service.
short by
Shristi Acharya /
02:16 pm on
31 Aug