socialtrade.biz scam – UP STF has done good work : Advocate Prashant Mali , Cyber Law and Cyber Security Expert
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.
“UP STF has done good work it is second to Speak Asia fraud unearthed by Economic Offences Wing of Mumbai police. My advice is UP Police should now work for prevention of such crimes also, so others do not start same model in small scale, proactive Policing should be started by UP STF. UP Government should allocate budget for Online fraud awareness and should execute it through some NGOs ” Advocate Prashant Mali , Internationally renowned cyber crime and cyber security expert
