Ablaze Info Solutions — Online social trade business fraud

Address:	Ghaziabad, Uttar Pradesh, 400005
Website:	www.socialtrade.biz

I had paid an amount of Rs. 57, 500/- as membership fees through NEFT to M/s Ablaze Info Solutions Private Limited, Canara Bank, RDC, Rajnagar, Ghaziabad, UP A/c No.[protected]IFSC Code: CNRB0001149).

They gave me an Id Number confirming the receipt of my above deposit. The above amount was paid to enroll myself in their social trade site www.socialtrade.biz. The site offered me a package where for my deposit of Rs. 57, 500 with them, I have to click on 100 links on their site on a daily basis that they would provide to me. For every click, I would be paid an amount of Rs. 5/- which overall comes to Rs. 500/- per day. This amount would be credited by the above company to my Savings Bank account number provided to them on a monthly basis. Immediately from next day, I have started providing the services to them.

However, after two days of depositing my money with them, I have heard through the news channels, websites and different sources that the promoter of the company Mr Abhinav Mittal has been arrested for huge online scam through this social trade site.

I have subscribed to this company based on the recommendation of a known reliable person who is also a member there. I thought I would earn certain amount through online mode. Since the amount to be deposited was huge, I made all possible studies about the authenticity of the company before enrolling by visiting their website, checked various blogs relating to the social trade business specific to this company and also other known sources. Above all, the person who introduced me too assured me that many of her other known friends are doing this and they have been earning for which she has given proof of authentic bank statements. Further, the company also had Certificate of Incorporation, possesses PAN number (AAJCA6364R), has ISO Certification, has Service Tax Registration Certificate given by Central Board of Excise and Customs which are available online openly. The company has also carried out big marketing initiatives involving Bollywood film stars. I found these things more than sufficient to trust the company and had deposited the money with them without anyone’s knowledge in my house.

Now, I feel cheated as immediately after knowing about the company’s fraud. I had sent them an email requesting them to return back my deposit. But, there is no response from the company. No one responds to hundreds of my telephonic calls to them.

I am having lot of family problems due to this. There is no way I am able to recover my money from the company. I do not know who is the right authority to approach