Home Android zone UP Special Task Force raid on socialtrade.Biz |Anubhav mittal arrested| 3700 crore Rs. Big scam

UP Special Task Force raid on socialtrade.Biz |Anubhav mittal arrested| 3700 crore Rs. Big scam

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anubhav mittal arrested socialtrade.biz

Social Trade Latest Update|Anubhav Mittal Arrested|New Updates:-

Anubhav Mittal

UP special task force raid on one of the India’s biggest online frauds it can be estimated around rs. 3700 crore. This fraud was been run under the name of social trade.

  • News claimed that three people have been arrested so far. UP special task force further investigate this fraud.
  • They also revealed at a company called ablaze info solutions Pvt. Limited located at sec 63 in Noida have around 7 lakh people’s.
Imp.Update: –Anubhav Mittal has been arrested by police and all services of socialtrade.biz are closed.

  • The investment in this fraud is estimated approx of rs. 3700 crore. Ablaze info solutions Pvt Ltd. Run the scheme of “earn rupees 5 per click” it runs advertisement campaign in their website & give RS. 5 per click to you.
  • More than 15 lakh people join their network and earn a lot of revenue. But after all, this happen what next to happen to Ablaze info solutions Pvt Ltd (social trade).
  • Ablaze info solutions running a web portal i.e. socialtrade.biz where an investor has to pay from rs. 5750 to rs. 57500 in the company account.
  • After paying the amount they became the member of social trade and earn rs.5 per click. So UP special task force track around rs. 500 crore and seized company bank account. Recently they change their portal name from social trade to frenzzup.com that also an illegal process so that their company name to evaded arrest.

Some of the companies they floated to dupe people i.e. socialtrade.biz to frihub.com, intmaart.com to frenzzup.com, 3W.com etc. Police arrested Anubhav Mittal and two other members of the company. Around 6 lakh people also included in this fraud. Two FIR were placed against Ablaze info solutions Pvt Ltd. One of the FIR is placed on Monday and the second Fir placed on Wednesday. 

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