Inconsumercomplaints.com » Business & Finance » Review / complaint: NIRMAL BANG SECURITIES PVT LTD - TRADING WITHOUT CONCENT AND INFORMATION | News #437215

NIRMAL BANG SECURITIES PVT LTD
TRADING WITHOUT CONCENT AND INFORMATION

I am holding a trading account with Nirmal Bang Securities Demat account No. PMP 294.

I have invested monies in their account about 6 months ago as below:

CURRENCY ACCOUNT: RS. 50, 000

COMMODITY ACCOUNT: RS. 50, 000

EQUITY ACCOUNT: RS. 80, 000

Total portpolio amount: Rs. 1, 80, 000.

I was promised atleast 5 to 10% every month against my investment.

However, today I my portfolio is showing an amount of Rs. 17000.

The trading was done without taking any permission from end. The

branch manager at Nirmal bang is blaming the Customer Care manager for this mess. He

is not willing to own up the responsibility.

I am simply told that I have been given the trading confirmation

against the transactions.

However, I was not asked even once before doing any trading. Neither I had given any access to the trading account. The trading pattern in itself is the self explanatory, where in not a single transaction is done with profit.

Further, my equity shares were sold without any permission from me, which was done to offset the loss incurred in currency trading by your

people.

In view of the above, I would request you to stern action against these people and arrange to refund my monies as soon as possible, so that these kind of white collar crimes are stopped.

I await your confirmation as soon as possible.

Sincerely,

Shankar Shetty


Company: NIRMAL BANG SECURITIES PVT LTD

Country: India   State: Maharashtra   City: Pune

Category: Business & Finance

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