‘Bike Bot’ Scam: 100 bikes, 5 bags full of cheques, burnt computers recovered after cops raids company offfice

Greater Noida: On June 16 a Special Investigation Team (SIT) of Noida Police raided the office of Sanjay Bhati prime accused of the “Bike Bot” Scam. During the raid police recovered a hundred motorcycles, five bags full of bank cheques and burnt computers.

The move came two days after the police managed to get company owner Sanjay Bhati and franchise head Vijaypal Kasana on five-day and three-day remands, respectively. The accused allegedly duped 2.25 lakh investors of nearly Rs 1,400 crore by coming up with multi-level marketing scheme “Bike Bot” and lured investors with a promise of double returns in one year.

The raid started in Cheeti village of Dankaur at 4pm and continued till late on Saturday. The cops also interrogated two officials of Garvit Innovative Promoters, the company under whose name the Bike Bot scheme was launched.

SP Vineet Jaiswal told that “A hundred motorcycles, five big bags full of bank cheques, burnt computers and documents, and some unburnt papers have been found by the SIT from the head office after interrogation of its main accused Sanjay Bhati during police custody,” Krishna said.
“It has come to light that he had deliberately burnt his office some weeks back to evade police investigation,” he said, adding that further action was being taken.”

Sanjay Bhati had surrendered himself in at the Surajpur court on June 7, after which he was remanded in judicial custody for 14 days. Later, police had got his custody for interrogation in the case.