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Had your e-bike stolen? BackPedal specialises in getting them back


7 months 1 week ago

So basically the "recovery agents" make contacts with the criminal element in their local community, and let them know they will occasionally be looking for particular e-bikes and will buy them for £400, no questions asked. Once they have a reputation for doing what they say and not running a sting or contacting police, their job becomes really easy. Thieves get an easy and safe £400, recovery agent keeps £300 for two hours of work, and the company keeps £99 for putting their brand on the transaction. A cyclical economy in e-bike thefts and "recoveries" is created.

Or am I too cynical?