Hi,
My name is Nitin Pandey and im an account holder of Angel Broking Ltd Bhopal with client ID N34037.Mr Sandil Raj had opened my account in Bhopal and had assured that he would trade by himself. I never received the password and your employees had my username and password and transacted on my account.
I was transferred to Mumbai in that period. When asked for transfer of accounts to Mumbai i was denied the same and Sandil had assured that he would take care of funds. From June till august my fund value had gone down from Rs10000 to Rs70000.I was not made aware of the same. Whenever i enquired i was misleaded that i was in profit. After that from september Mr Naval Singh and Mr Atul had started trading on my behalf. Also they assured that they were using my account and will keep me posted on any transaction done on my behalf.
They always said that i was making a profit until i inquired from Customer service where i was shocked to know that i was under 70% loss.
I dont understand that if i had not received a call from my broker for transation then why was a transaction done on my account without my permission. and in a rising market how can some one have 70% of loss. when asked about this to Vivek Tiwari he said that the company had issued a loan to me. i again dont understand that how i was issued a loan without my knowledge.
This is all a story madeup by these agents to cover the fraud done on my account.
Kindly look into the matter and do the needful.
Regards
Nitin Pandey
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