Today I am writing this review to make you alert of such site like Social Trade. Social Trade was started by Mr. Anubhav Mittal an Entrepreneur at his Noida Office. Initially he started his business in Noida, UP with his Software development company: Ablaze Info Solutions Pvt Ltd. Then he started Social Trade under the aegis of Ablaze Info Solutions Pvt Ltd. Presently Mr. Anubhav Mittal is in Lucknow Jail with the allegation of Money circulation, which he did with the help of Social Trade.
The site was initially developed with the purpose of Social exchange portal. Means if I take a membership of that online site then that site will give me some Add link, and I have to click that to earn money. Every one who joined the site were provided by some Tasks as per their membership value. The membership was four different types started from Rs. 5600/- to 57, 500/-.
Day by day the people started to join to get a good huge return within one year. The entire business model was such that if I make join two people under me within 20 days of my initial joining then my monthly income will become double. Only for this reason the people joined like a wave.
I also took a membership of Social Trade on Oct 2016, purchased a membership of Rs. 57, 500/- pack. The site gave me 125 clicks each day that is Monday to Friday. Because Saturday and Sunday were Holiday of company. For each click the Company used to give Rs. 5/-. By this I got Rs. 12, 000/- approximately on every month. But now I surprised that company gave me each and every payment timely. Not a single payment I had missed. In Nov 2016 Mr. Anubhav Mittal launched his new site Frenzup.com. Same as Facebook site. He had a vision of a new alternatives of Facebook in India. The main problem came when UP STF arrested Mr. Anubhav Mittal on Feb 2017. Charge was Money circulation. As per investigation report he took the money from any new joining and distributed that to others. In this way members were growing day by day and payment process did not stop. Means this site was depended totally on Money circulation.
But some of the Social Trade members said that this arrest was a revenge of UP Samajwadi Party. As SP leaders claimed huge election funding from Mr. Mittal. After he denied UP STF arrested him. But in this case I don not know anything, because these all news I got from MEDIA.
One thing I learned from this event. If you want to invest in any online company Please, please go through the type jobs or Tasks which you have to perform daily. If the Task has no open publicity in any social media means Task started from a server ends or distributed to any of the server belongs to the same company. That means if I click any link that Advertisement has no publicity to any social media. We normal user could not able to trace it but if I research about the company before investment deeply, a little bit of hints I could get.
I lost almost Rs. 29, 900/- from Social Trade. So the viewer please be aware of the scams and frauds available in online. If you see in Online earnings you could find 90 percents are fraud. Please be very very carefull before investing your hard earned money.