Published On: Jun 25, 2019

Noida police arrested a gang of three men who allegedly cheated an approximate 6,500 people thought a bike taxi Ponzi scheme. The three arrested include the managing director of the company and his two accomplices, a Delhi University pass-out and an MBA holder. Then men made short term gains by promising their victims higher returns on investments that never came in. At least 7 other accused in the fraud, are still absconding. Meanwhile, cops are investigating the exact amount taken from investors.  

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