CBI To Probe Mumbai-Based Company Over Complaint By IDBI Bank - Vibes Of India

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CBI To Probe Mumbai-Based Company Over Complaint By IDBI Bank

| Updated: November 2, 2021 09:37

The Central Bureau of Investigation (CBI) has registered a case against a Mumbai-based private company following the complaint filed by the IDBI bank.

A case against a private company based in Mumbai and others including its directors, unknown public servants, and private persons for allegedly cheating the IDBI bank for around Rs 63.10 crores during the period of 2014 to 2016.

As many as 15 people of Bike Bot company have been named in CBI’s FIR including the Chief Managing Director. A multi-level marketing scheme ‘Bike Bot’ had lured around 2 lakh investors with a commitment of doubled returns on their investments in a year. The CBI has registered the FIR to look into the ‘Bike Bot’ scam.

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