Inconsumercomplaints.com » Business & Finance » Review / complaint: Motilal Oswal Securities Ltd - Bluffing by Motilal Oswal staff at New Delhi branch | News #415112

Motilal Oswal Securities Ltd
Bluffing by Motilal Oswal staff at New Delhi branch

One Saneep Nischal, a staff of Motilal Oswal, 801-806, 8th Floor, Prakash Deep Building, 7 Tolstoy Marg, Connaught Place, New Delhi, called me various times in March and atlast came to my house to open a account. Before opening he said that we ourselves will do trading in Nifty Futures and will give you profits. For assuring me he gave various profit statements he sent to other customers. My account was opened and I deposited Rs 60, 000 in March. After that repeatedly they did trading and made a loss of Rs 10, 000 till 21 April. Apart from this they additionally deducted Rs 10, 000 from my total capital resutling to only balance of Rs 40, 000.By seeing this I made various complaints to their staff but they did not listen to me. So it made me frustrated and I withdrew Rs 25, 000. Its is a case of bluffing people by Motilal Oswal staff "Sandeep Nischal" and making losses to me by trading exclusively by themselves. Please do help me to get my money refunded by them. I am not at all at fault. my Motilal Oswal client Id is E705666.


Company: Motilal Oswal Securities Ltd

Country: India   State: Delhi   City: Central Delhi

Category: Business & Finance

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