hyderabad a businessman who reportedly conned several people across the country to the tune of rs 15 crores by promising automobile dealership of his eider motors was arrested by central crime station ccs on saturday deputy commissioner of police ccs avinash mohanty said they received three complaints against eider motors chairman and managing director shiv kumar who own a posh office in jubilee hills for collecting nearly rs 25 lakh from each person to permit them to open eider showrooms and sell speciallydesigned twowheelers till date shiv kumar might have collected at least rs 15 crores from his 40 victims he reportedly leads a lavish lifestyle police said after collecting money shiv kumar had not supplied twowheelers to his dealers except giving them three or four bikes for display he had been doing the motorcycle business for the last two years and in hyderabad alone had eight showrooms when the victims asked him to return their money he threatened them of dire consequences police added all his bikes are not roadworthy since they dont have certification from concerned government agencies like automotive research association of india till now around 60 cases were registered against shiv kumar across india in the city cases were registered at jubilee hills kachiguda and a few other police stations mohanty added as of now shiv kumar was the only one declared as accused though in the complaint victims also mentioned his wifes name it is still unknown why local police did not take action against shiv kumar despite receiving complaints a week ago three victims approached the ccs police with their complaints each dealer was assured a commission between rs 6000 and rs 12000 per bike earlier shiv had informed his dealers that he had manufacturing licence of bikes models stoic etania ruddy dronzer and scooters models leora and visrah and also had rd units in gurgoan his company was manufacturing vehicles and spares by importing technology from japan and designs from germany he further claimed in a newspaper advertisement that they were assembling vehicles at pedda amberpet hayathnagar the vehicles were giving good mileage and were manufactured as per indian standards bsiii he claimed that they were certified by icat testing center gurgoan delhiin the past shiv kumar as part of promotion had informed the media that his 110 cc bike stoic would give a mileage of 110 kmpl he offered five motorcycles and a scooter in the 110250cc segment for a price between rs 50000 and rs 1 lakh the showroom owners in turn started booking twowheelers by collecting money from customers