FBI Seizes Assets From Colorado's 'No Catch' Free E-Bike Company

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Colorado e-bike retailer Bear Trail Bikes, formerly COE Bikes, promised to cover the state's e-bike tax credit so customers could get a bike for roughly $49 in sales tax, but many waited months or more than a year for delivery. The FBI has seized luxury cars and cash from the company's owner, though no criminal charges had been announced as of publication.