App based taxi service co. & financial firm with Lucknow pilots of Rs 1.59 crore | Lucknow News


LUCKNOW: An app-based taxi service business and financial firm have been accused of defrauding 759 taxi drivers of Rs 1.59 crore by promising ownership of cars allocated to them for carrying passengers.
These taxi drivers had signed a contract with an online taxi service company two and a half years ago, stating that they would deposit Rs 790, Rs 815 and Rs 830 per day for 1,480 days and ownership of the bag of their taxis. The FIR was filed by Lucknow Cab Driver Association President Gangabhakt, who was also scammed. The drivers also had to pay a reservation fee of Rs 4,000 and Rs 17,000 as a security deposit. Gangabhakt said they paid the commission to the taxi service company’s bank account.
“On March 20 last year we were asked to park our cars in the yard after the lockdown was enforced but did not collect the vehicles when the Covid curbs were eased. Company officials kept dithering over our request. These cars were then moved to a parking lot at Siddhi Kheda in Banthra locality, where the sister companies put these cars up for auction,” he said. On July 23, taxi drivers learned that the bidding process had started keeping them in the dark. ADCP, East, Qasim Abidi, said officials of the app-based taxi company and financial company were arrested for dishonesty, cheating and criminal breach of trust.
Previous Launch of a private finance company | TheBusinessDesk.com
Next Wrightbus boss Jo Bamford launches asset finance firm FUZE