NOIDA Unlike Legit Social Network, Social Trade Raised Funds Via Subscriptions Anubhav Mittal, who is defendant of engineering a Rs three ,700-crore Ponzi scam online, eventually wanted to set up associate Indian version of Facebook.He used the Ponzi scheme as a means that to induce there, giving the old idea of pyramid promoting a digital-era dressing. Based on what investigators and investors claim, Mittal, a 26-year-old BTech graduate, designed his Ponzi scheme as a digital promoting initiative. He created a domain, Social Trade, with its own servers and an exclusive scheme of users. Social Trade functioned like any other social networking web site . A user who registered got associate account. Only , in this case, one needed to `invest', or pay a subscription -in four slabs of Rs 5,750, Rs 11,500, Rs 28,750 and Rs 57,500.If anyone wanted to promote a business, like several of the protesters WHO gathered on Sunday at Jantar Mantar had, links to their w