World
What Does Revel Situation Say About Scooter Safety

Motor scooters also referred to as mopeds, have become very popular throughout the country and in particular urban areas.
However, the motor scooter company revel has recently come under scrutiny in New York City following two deaths, and they’ve suspended service in the city for now.
It’s an important situation that sheds light on just how safe or unsafe scooters are, especially if you ride them in cities, and you don’t have a lot of experience.
For example, according to Houston Attorney Brian White, since scooters are small, it’s difficult for other drivers to see them. It’s easy for something seemingly minor like a pothole or road debris to cause an accident, and scooters are unstable, so it’s easy to lose your balance if you’re not an experienced rider.
Some of the potential injuries that can occur in scooter accidents include:
- Spine and neck injuries
- Traumatic brain injuries
- Broken bones
- Facial injuries
- Leg and ankle injuries
- Internal bleeding
So what happened with Revel?
What is Revel?
Revell is a company that helps people get access to electric mopeds in major cities.
Revel started in Brooklyn with just 68 electric scooters. They then expanded across Brooklyn and moved into Queens and by last year had around 1000 scooters.
Now, Revel operates in Washington, Miami, Austin, Texas, and Oakland, and is planning to move into San Francisco as well.
You download the Revel app, and then use that to locate the scooter nearest you. You can the scooter where you need to go, and you pay by the minute, and you also pay a small fee to unlock the scooter initially.
There are rules and guidelines. For example, you aren’t permitted to ride on major bridges or highways, and you can’t go any faster than 30 mph. You also have to end your ride within the designated service area, which is in the app.
You can have a second rider on a Revel, but all riders are required to wear a helmet, and each scooter comes with two helmets in different sizes.
Nina Kapur Death
In late July, Revel made news when journalist Nina Kapur, 26, died while she was a passenger on a scooter that was being operated by a 26-year-old man. The operator of the scooter is said to have swerved for an unknown reason. The two then fell on the road because of that.
Ms. Kapur was pronounced dead at Bellevue Hospital, while the driver had minor injuries.
The last Tweet sent out by Kapur was an attempt to contact Revel support.
Revel issued a statement indicating they were working along with local officials, and a spokesperson said that there had been to date three million rides on Revel scooters with no other fatalities.
The accident leading to Kapur’s death happened on the same day a man on a Revel scooter sustained a head injury in Queens. Police arrived to find the man who’d been driving the scooter in the street. He was taken to Elmhurst Hospital and was in critical condition at the time. The man eventually died, and it was discovered that he had slammed into a light pole.
After that, two men almost died in a Revel crash early one morning in Upper Manhattan. Both were hospitalized.
NYC Service Shut Down
The Revel company announced, following Kapur’s death, that they would be suspending New York service until further notice.
New York Mayor Bill DeBlasio spoke out about the situation saying that Revel made the decision to shut down service and went on to say they wouldn’t let them reopen unless they were sure it could be done safely.
The company sent out a Tweet saying they needed to go over rider safety and accountability measures.
During this summer, there has been a suspension of more than 1,000 Revel accounts for people found to be reckless riders.
Revel said they were going to be soon unveiling a safety exam in the app that would be required for all users.
U.S. Rep. Adriano Espaillat from New York wrote a letter to the commissioner of the state Department of Transportation, asking that they suspend Revel’s license until there were more stringent safety measures put in place.
However, there has been pushback directed primarily toward Mayor DeBlasio over the situation. In May many more people started relying on alternate forms of transportation, including Revel scooters because the Mayor told people to improvise how they commuted due to loosening of coronavirus restrictions.
What Can Riders Do?
Despite the potential safety risks, many people find that scooters including those offered by Revel are the best if not the only way for them to reasonably get around urban areas.
There are things individuals can do to be safer on scooters.
Learning how to operate a scooter correctly is important, which may be one of the big problems with Revel—inexperienced riders.
Since scooters are so seemingly simple, there may be a false sense of security that comes with their use, but give yourself time to learn the controls and breaks.
You should also always wear the proper safety gear, most importantly, a helmet. Kapur was not wearing a helmet at the time of the fatal accident.
You have to be aware that even a small bump in the road has the potential to turn deadly when you’re on a scooter.
You should stay on the streets and follow all traffic laws—don’t ride on the sidewalks. This isn’t even allowed in most places.
It can also be better to stick with just one rider at a time. When there’s added weight from another rider, it can lead to loss of balance issues that can increase the likelihood of an accident.
Whether you’re using a scooter sharing program or you have a scooter, they can be convenient but dangerous. Be vigilant and don’t let yourself be lulled into a false sense of security when operating this type of machinery, because the results can be fatal.
World
TRG Chairman Khaishgi and CEO Aslam implicated in $150 million fraud

In a scathing 52-page decision, the Sindh High Court has found that TRG Pakistan’s management was acting fraudulently and that Bermuda-based Greentree Holdings historic and prospective purchase of TRG shares were illegal, fraudulent and oppressive.
The Sindh High Court has further directed TRGP to immediately hold board elections that have been overdue and illegally withheld by the existing board since January 14, 2025.
In the landmark ruling, the Sindh High Court has blocked the attempted takeover of TRG Pakistan Limited by Greentree Holdings, declaring that the shares acquired by Greentree, nearly 30% of TRG’s stock, were unlawfully financed using TRG’s funds in violation of Section 86(2) of the Companies Act 2017.
“Having concluded that the affairs of TRGP are being conducted in an unlawful and fraudulent manner and in a manner oppressive to members such as the Petitioner (Zia Chishti), the case falls for corrective orders under sub-section (2) of section 286 of the Companies Act,” Justice Adnan Iqbal Chaudhry concluded.
The case was brought by TRGP former CEO and founder Pakistani-American technology entrepreneur Zia Chishti against TRG Pakistan, its associate TRG International and TRG International’s wholly-owned shell company Greentree Limited. In addition, the case named AKD Securities for managing Greentree’s illegal tender offer as well as various regulators requiring that they act to perform their regulatory duties.
The case centred around the dispute that shell company Greentree Limited was fraudulently using TRG Pakistan’s own funds to purchase TRG Pakistan’s shares in order to give control to Zia Chishti’s former partners Mohammed Khaishgi, Hasnain Aslam and Pinebridge Investments.
According to the case facts, the Chairman of TRG Pakistan Mohammed Khaishgi and the CEO of TRG Pakistan Hasnain Aslam masterminded the $150 million fraud. They did so together with Hong Kong based fund manager Pinebridge who has two nominees on TRG Pakistan’s board, Mr. John Leone and Mr. Patrick McGinnis.
According to the court papers, Khaishgi, Aslam, Leone, and McGinnis set up a shell company called Greentree which they secretly controlled and from which they started buying up shares of TRG Pakistan. The fraud was that Greentree was using TRG Pakistan’s funds itself. The idea was to give Khaishgi, Aslam, Leone, and McGinnis control over TRG Pakistan even though they owned less than 1% of the company, lawyers of the petitioner told the court.
This was all part of a broader battle for control over TRG Pakistan that is raging between Khaishgi, Aslam, Leone, and McGinnis on one side and TRG Pakistan founder Zia Chishti on the other side. Zia Chishti has been trying to retake control of TRG Pakistan after he was forced to resign in 2021 based on sexual misconduct allegations made by a former employee of his. This year those allegations were shown to be without basis in litigation that Chishti launched in the United Kingdom against The Telegraph newspaper which had printed the allegations. The Telegraph was forced to apologize for 13 separate articles it published about Chishti and paid him damages and legal costs.
After Chishti resigned in 2021, Khaishgi, Aslam, Leone, and McGinnis moved to take total control over TRG Pakistan and its various subsidiaries including TRG International and to block out Chishti. The Sindh High Court’s ruling today has reversed that effort, ruling the scheme fraudulent, illegal, and oppressive.
It now appears that Zia Chishti will take control of TRG Pakistan in short order when elections are called. He and his family are now the largest shareholders with over 30% interest. He is closely followed by companies related to Jahangir Siddiqui & Company which have over a 20% interest. The result appears to be a complete vindication for Zia Chishti and damning for his rivals Aslam, Khaishgi, Leone, and McGinnis who have been ruled to have been conducting a fraud.
TRG Pakistan’s share price declined by over 8% on the news on heavy volume. Market experts say that this was because the tender offer at Rs 75 was gone and that now shares would trade closer to their natural value. Presently the shares are trading at Rs 59 per share.
According to the court ruling, since 2021, shell company Greentree had purchased approximately 30% of TRG shares using $80 million of TRG’s own money, which means that that the directors of TRG Pakistan allowed company assets to be funneled through offshore affiliates TRG International and Greentree for acquiring TRG’s shares – a move deemed both fraudulent and oppressive to minority shareholders. The Sindh High Court also found illegal Greentree’s further attempt to purchase another 35% of TRG shares using another $70 million of TRG’s money in a tender offer.
The ruling is a major victory for the tech entrepreneur Zia Chishti against his former partners and the legal ruling paves the way for him to take control of TRG in a few weeks.
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