Social Trade News: Is it Possible to Get Your Money Back from Social Trade Biz?
Social Trade Scam Latest News: The website called socialtrade.biz which was running under a company named Ablaze Info Solutions, Private Limited. The CEO of the company Anubhav Mittal has been arrested yesterday by UP Police and the first phase of the investigation is going on to find about their Social Trade Biz plans, how much they scammed and how they are making money from common people and investigation results are real shocking ones. The Social Trade Biz scammed people in the name of “Social Media Exchange” which means people can make money online like “Earn Rs.5 Per Click“. They trapped more than 7 Lakh people and asked them to join in their scheme which ranges from Rs.5,750 to Rs.57,000 that gives different ROI based on different investment.
Buying social media likes is a common practice in the corporate world. Mittal scam was wrapped this popular practice. It would not have been a crime if it was just taking money from companies to buy “likes”.
For experts, Social Trade throws up larger challenges. “You can reach to a large number of people in a very limited time, and online is so sophisticated that you can go untraceable... Online schemes are more dangerous,” said Sanchit Vir Gogia, chief analyst and CEO at Greyhound Research.
Social Trade Scam Latest News: The website called socialtrade.biz which was running under a company named Ablaze Info Solutions, Private Limited. The CEO of the company Anubhav Mittal has been arrested yesterday by UP Police and the first phase of the investigation is going on to find about their Social Trade Biz plans, how much they scammed and how they are making money from common people and investigation results are real shocking ones. The Social Trade Biz scammed people in the name of “Social Media Exchange” which means people can make money online like “Earn Rs.5 Per Click“. They trapped more than 7 Lakh people and asked them to join in their scheme which ranges from Rs.5,750 to Rs.57,000 that gives different ROI based on different investment.
Buying social media likes is a common practice in the corporate world. Mittal scam was wrapped this popular practice. It would not have been a crime if it was just taking money from companies to buy “likes”.
For experts, Social Trade throws up larger challenges. “You can reach to a large number of people in a very limited time, and online is so sophisticated that you can go untraceable... Online schemes are more dangerous,” said Sanchit Vir Gogia, chief analyst and CEO at Greyhound Research.
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