Bengaluru police have arrested two individuals in connection with a large electric vehicle (EV) bike scam that allegedly cheated customers of several crores of rupees. The arrests were made following complaints from numerous buyers who claimed they had paid money for electric scooters that were never delivered.
According to investigators, the accused had launched a company promising affordable electric bikes and attractive dealership opportunities. They promoted their business through social media advertisements and online campaigns, claiming that customers would receive advanced EV scooters at competitive prices. Many buyers were convinced by the offer and paid booking amounts ranging from thousands to lakhs of rupees.
However, after collecting money from customers, the suspects allegedly failed to deliver the vehicles within the promised time frame. When buyers tried contacting the company for updates or refunds, they reportedly received no response. Several victims then approached the police and filed complaints.
During the investigation, police discovered that the accused had collected large sums of money through advance bookings and dealership investments. Authorities believe that hundreds of customers from different parts of Karnataka may have been affected by the fraud.
Police officials conducted raids and seized documents, financial records, and electronic devices that could provide evidence about the operations of the scam. Investigators are now examining bank transactions to determine the total amount of money involved in the case.
The arrested suspects have been taken into custody, and further interrogation is ongoing. Officials are also trying to identify whether more people were involved in the fraudulent scheme.
Authorities have advised citizens to be cautious while purchasing vehicles online or investing in dealership schemes. They recommended verifying company credentials, visiting physical offices, and checking registration details before making payments.
The case highlights the growing risk of online financial fraud and the need for stronger consumer awareness in the rapidly expanding electric vehicle market.
News as reported
