ANUBHAV MITTAL ABLAZE INFO SOLUTIONS NOIDA ARRESTED FOR LARGEST CYBER CRIME
Noida : UP Special Task Force has arrested three people who dumped lakhs of people on pretext of online trading and have taken an investment of Rs 3,700 crore under the ‘per click’ scheme.
Investigation revealed that a company called Ablaze Info Solutions Pvt. Limited, located in Noida Sector-63, duped around 7 lakh people and took an investment of approximately Rs 3,700 crore from them.
“The accused persons were running a web portal — social trade.biz — where an investor has to pay from Rs 5,750 to Rs 57,500 in the company’s account to become the member and earn Rs 5 per click. So far, we managed to track around Rs 500 crore and already seized the company’s bank accounts,” police said.
They used to constantly change their company’s name to evade arrest. Some of the companies they floated to dupe people are: socialtrade.biz to freehub.com, intmaart.com frenzzup.com, 3W.com etc.