social trade

The Supreme Court has demanded asset details of close relatives from both sides of a woman accused in a Rs 3,700 crore ponzi scam before considering her bail plea. The court expressed strong disapproval of the defense's claim that the accused couple has no assets, emphasizing the need to trace public funds allegedly siphoned off.

Kareemullah, a knife sharpener from Harichandrapuram, travels for weeks, sleeping on pavements and facing threats, to find customers. His traditional trade, once common, is declining due to online alternatives and changing times. This generational craft, passed down through families, now struggles for survival.

A man was cheated of Rs 10 lakh on the pretext of social trading. Police registered an FIR on Sunday and an investigation is currently underway.

A special court in Lucknow issued a production warrant against Noida Ponzi kingpin Anubhav Mittal and his two aides, who were arrested on February 2 by UP Police’s special task force (STF) for allegedly engineering a Rs 3,700-crore scam.

Two persons were allegedly cheated of Rs 13 lakh each in two different cases of cybercrime. Police suspect a gang, operating from Dubai, Hong Kong and China, is luring people to invest in social trading.

The UP-STF investigating the Rs 3,700-crore Ponzi scam suspects that huge sum of money has been transferred from the accounts of Ablaze Info Solutions Pvt Ltd to some bogus company.

Hong Kong Chief Executive John Lee demands respect for the Hong Kong Economic and Trade Office in London as staff member Bill Yuen faces charges in Britain for alleged intelligence service work. Lee seeks explanation from the British government. The trio, including Chi Leung (Peter) Wai and Matthew Trickett, are charged under a new national security act. The prosecution strains British-China relations as Chinese authorities criticize the charges.

Anubhav Mittal, the kingpin of the Rs 3,700 crore Noida Ponzi scam, scaled immense heights, but his fall was equally rapid — just like in snakes and ladders.

The massive proportions of the online Ponzi scam busted in Noida started unravelling as over 2,000 complaints from swindled subscribers poured in from across India as well as countries like Oman and Nigeria.

A B.Tech graduate has duped more than 6 lakh people by promising big returns for hitting ‘likes’ online. The scheme operated through a maze of dubious URLs sent to phones of subscribers that they were asked to click.

Anubhav Mittal, who is accused of engineering a Rs 3,700-crore Ponzi scam online, eventually wanted to set up an Indian version of Facebook.

Photos have surfaced of Mittal with Sunny and actress Ameesha Patel at an event but that one, police said, was of a birthday party, an event that did not concern the probe.

Oilmeals exports from India increased by 36% in October compared to the same month last year, reaching nearly 290,000 tonnes. The rise was driven by higher shipments of soybean meal and rapeseed meal. The Solvent Extractors' Association of India (SEA) attributed the increase in soybean meal exports to improved price competitiveness and a shortage of supplies from Argentina. The major consumers of Indian soybean meal are South East Asian countries.

The income tax department, Serious Fraud Investigation Office (SFIO) and Hyderabad Police have also started their own investigations into what is estimated to be a Rs 3,700-crore fraud, which makes it bigger than the Saradha scam that unravelled in West Bengal in 2013.

A 30-year-old accountant with an MNC was cheated of Rs 6.4 lakh by fraudsters on the pretext of social trading.

Anubhav Mittal, the 26-year-old arrested for engineering a massive Ponzi scam in Noida, wanted to launch a social networking platform similar to Facebook.

Just after his MBA course, Anubhav Mishra was looking up the internet for a job when his phone buzzed one day. A text message offered him a work from home opportunity with a daily payment of up to Rs 5,000.

With more users than ever and an endless stream of content, why does the internet feel angrier, more extreme, and less representative of real opinion?