Ablaze Info Solutions Private Limited — Fraud company

Address:Ghaziabad, Uttar Pradesh, 110001
Website:socialtrade.biz

It is a multi level marketing company and making a large money by doing mlm method and so many people are investing in this company and earning money also, but question is remaining same how this is being possible without doing any thing any company can give attractive return more than 500% of your investment if you make a chain of 500 people and still earn huge money by attracting people under you. suppose 500000 people attached [very easily possible] to this company then 500000*57000 = Rs. [protected] [i.e. Rs. 2350 crores] is made by the company in a year and return if suppose 1000 people have 500 contacts then Rs. 2 lacs per week i.e. 800000*1000 = Rs. 80 crores return in mode of commission and still manage to have more than 2000 crores income in a year without doing any thing. at last this company will vanished and some people may lose the money as unable to get back money. out of 500000 people some thousands people must be happy and earned handsome money beyond their potential as large commission is being paid to them by the company.
the government must stop this company as such business should be prohibited where money are involved like sahara, pacl, shardha chit fund etc.
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Ablaze Info Solutions customer support has been notified about the posted complaint.
Oct 12, 2016
Updated by frauddetector
It is fraud company as making huge money by adding people after people as rs. 57000*500000 people you must count for their members then 2350 crores money gathered by them and return to members in hundred of crores still earn thousands of crores in very little time, not more than 1 year. The government should ban these types of fake companies as same is very attractive for few members but at last a large public will get cheated and the company will vanished very quickly and no one will help then like sahara, shardha chit, pacl and many other companies who made money without doing anything.
Oct 13, 2016
Updated by frauddetector
It is a fraud company please ban it, the money will be looted by the company, so many people are giving Rs. 57500 each to the company without any purpose and in return some money is given by the company to members as a commission from money received from members made by respective members. they are making huge money daily as approx. 500 members daily being added to the company and till date more than 500000 members are active and paid to the company more than rs. 2350 crores, what a lootera company it is? please take serious action against the company.
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    Ablaze Info Solutions Phone
    +91 88 6888 8868
    Ablaze Info Solutions Address
    F-472, 2nd Floor, Noida, Uttar Pradesh, India - 201301
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