BEWARE OF CENTRUM FRAUD
I opened a trading account and deposited some amount (approx 50 thousand rupees) in it. Then I bought some shares. Later on the prices of these shares dropped but I kept holding the shares. Recently, when the share prices of some of the shares again came back to the level of purchase price, I asked them to sell one of the script. To my utter surprise, I was told that these shares do not exist in my account.
Later on I was told that there were repeated transactions worth lacs of rupees in my account and almost all my money was siphoned off by way of brokerages and losses.
This is a kind of fraud which is totally unexpected and any law abiding citizen, putting hard earned money in shares would be wary of such cheating.
I wrote several mails in customer grievance cell of centrum broking but did not recieve any response.
I would like to lodge a complaint against CENTRUM BROKING HOUSE through your esteemed portal and would like some guidance on furtther course of action.
Regards
Pravee
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