Of course everyone wants to make easy money at home. Who
wants to commute for an hour one way to a job in a major city? The answer is no
one. That’s why frauds taking advantage of and offering online work to
just click some link and make money from doing just daily 10-15 min work. They
target definite vulnerable demographic segments of the population, such as the
elderly or disadvantaged. And as bad as this gets, they also trick highly
educated and Internet savvy people too into believing that they can make
money fast on these programs.
Many frauds are taking advantage of this and you may lose
your hard earned money.
Guys if you remember in 2011 I also warned peoples about speak
asia scam and you know what happened who not believe that this is a scam loses all
his hard earned money. Attention!! SpeakAsiaOnline Survey, Be Careful !!!
Socialtrade.biz
is also scam and is being nurtured by Educated IT Professionals, promoted by
Greedy Elites, who are members up the ladder & have no concern about the
fallout & resulting losses to thousands of people down the line.
Observe
the below rules and you will know that its fraud.
1. Rs 5 per
click to employee, Rs 5 goes to Employer- Still Employer asks for joining fee,
that too, a high sum of 20000 to 50000.
2. Booster
Activation Period - 20 Days; Including holidays, so it comes down to 15–16
Days. Again activation takes 2–3 days. So, It further comes down to 12–13 days.
So, You need to add 2 members in 12–13 days to activate booster (Which will
enhance your income per day)
3. Say, if
you join and do not add any member down the leg- then - You will be stupidly
clicking fake links for around 5 months to get your money back. As company is
fraud, it can have money of all those members, who enrolled in last 5 months
(& din’t spread this virus) on any date either today or next Sunday or say
your next birthday.
4. If you
continue spreading it, You may recover your investment ( though Company says -
Its not an investment company & that huge joining fee is just a token of
appreciation for their kind service of manipulating masses) in 2 months. But,
those down the line will have their money stuck in this scam.
5. So, If you
see it now, its like, take the disease but pass it as fast as you can on
someone (Actually 2 members) next, down the line.
6. So, the
mantra for Members - Keep spreading the disease, bear risk (& fear) of
losing money just for 2 months (if you have done your service of spreading the
virus to next 2 fools) and thereafter enjoy fruits of your (fake) attributes as
managerial skills, Good Convincing, Risk Bearing blah-blah.
7. If You are
a member or if you become a member, you will follow (or have already trodden
that path) Point 6 mentioned above. But, my request, first authenticate the
claims put by company. Is clicking paying money or just the money is being
circulated from new members to old members? If it looks like a scam, Stop
yourself from supporting such scam.
8. If you are
not a member yet, Read again from points 1–5. Then ask yourself whether
you are okay after fooling (and looting) poor members (Students/ Job Seekers/
Low earning fellows etc.) down the line. If yes, Go On — Sites like Social
trade Biz are for likes of you.
How they Manipulation users:
• Each member pays a hefty amount of Rs. 57500/- to get
membership.
• The member gets 125 links (are mostly fake) to promote and earn 0. 625
per day, if booster is not activated. (Booster means making 2 members down the
leg).
• 20 days are given to a new member to activate booster.
• Down the leg, if 2 members join, the one at top of them gets a booster
income of Rs. 5000.
• So, Say, if a new member pays Rs. 57500 and activates booster in next
15 days, the total payment to that member in next 3 months= 15 Days*625 + 50
Days* 1250 = 71875 + 5000 = 76875
• Say, if 2 new members down the leg do not make any other member,
Payment to these 2 members in next 2.5 months = 2*625*50 Days = 62500
• Money still left with company= 57500*3 —76875 — 62500= 33125 .
• So for 3 members, Company has around 33000 with it, even after around
2.5 months of joining of 2 members down the leg. As shown, the company has done
nothing other than just taking money from lower members & giving to higher
members.
• Say, If company has 200000 members on some date, then company would be
having 100000 members at the bottom line, who would have joined in last 10-15
days.
• Money with company from these 100000 members (Considering only new
member money for now) = 57,500*1,00,000 = 5,75,00,00,000 (575 Crore)
• Calculation is very easy now. Payments to those new members in last 10
days= 10*625*1,00,000 = 62,50,00,000 (62.5 Crores)
• So Company can run away with 500 Crore on the
day, when its membership reaches 200000. Some data shows, it already has more
than 1 lakh members. Do you still think that its not a SCAM ?
Why is it spreading so fast then ?
• Educated persons leading the mission
• Top members get huge amount, if new members are added fast.
• Also, Members receive tablets, Laptops etc. if they make some specific
no. of members down the leg in limited period.
• Most important — Observe above carefully. The top member received Rs.
76875 in just 3 months. It means, they recovered their contribution &
also made profits (By looting members down the leg).
socialtrade.biz
listed some legal document for this business but if you check these all
documents are for Ablaze Info Solutions which deal in IT Software
Solutions work purpose.
Be wary if you have to pay money or supply your credit card
number to a company to make money from these type of jobs. Some scammers make
big promises with work at home opportunities, but in these you will lose all
your hard earned money.
In Multi level Marketing(MLM) concept only those people make money
who are at top of chains.
So if you are one of the victim of this scam stop investing
your hard earned money in this scam.
Stay Safe....
See below links Devbhoomi news exposed
this scam:
Users complains:
ABOUT THE AUTHOR
AbhiShek SinGhFounder of 'TheHackingArticles'. Cyber Security Analyst, Cyber Security Researcher, and Software Engineer. Follow 'AbhiShek SinGh' on Facebook , Twitter or Google+ or via Email
