Kotak securities
Mishandled the a/c XLWR3

Hi,

this is to inform you that a/c XLWR3 has been handling since last 1.5 months after many times request by mr. ranjit mishandled the a/x and not it is almost total loss of 42000 to 45000 rs. in Nov. itself only.

al it started when he told me to start derivatives and i told him that i dont have any knoweldge of call, put, derivatives, open interest, futures and he told me that not to worry i will handle ur a/c without making losses though he already handled and put my a/c in loss in CASH also. after making lots of efforts he made me agree to do this and in the begining he was going okay but suddenly he started doing trades furiously and all this ended in the loss of 445000. and after that he plan to leave fromthis job, and he repeatedly calls me to sign the ledger confirmation, to release him early from the job, but i didnt, and told him to pay the losses he made to me, the ledger showing 29000 some odd amt which i made loss in the month but added to this amt. two to four times the debitfalls in my a/c and scrips sold to bear the losses he traded.

and when i didnt sign the ledger confirmation, mr. ranjit (9873929293) and mr. sumit (9953005256) called me to sign the document to realease him earliers as possible. but i deny.

Company: Kotak securities
Country: India
State: Delhi

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