Dear Sir/ Madam,
This is with reference to the Trading Account No. Z0086 of Mrs Vinod resident of the Kothi No. 268, Sctor 17, Faridabad, Haryana with the Globe Capital Market Ltd. Branch 609, Ansal Bhawan, 16, K.G Marg, New Delhi-110001, which is recently opened by the Mr. Nitin Mehra on my (Mr Vinesh Maheshwari) reference on 04/09.
First of all I want to state that Mrs Vinod has recently opened a demat as well as trading A/c bearing No. Z0086 and she is aprrox. 57 years old and purpose for the opening the same account is to make the long term investments to secure the rest of the life.
Today she has received the communication from your office through a bench of the papers which showing a large no. of trading in the shares and at last showed a loss of Rs. 8564.68 on 15/09 .She was shocked, since she has not done any transactions either through her personal call or the call from the Globe till now. She has received so many calls form the Nitin or Pankaj regarding Tips for Trading, she has straight away denied for any transaction instead of that she has demanded online software and password for doing herself with the help of the her daughter and son-in-law.
After receiving of the same she called the Nitin Mehra, he told forgot it, these dealing has been done with the approval from you on the telephone, after that he disconnected the line and avoiding the picking of the her calls.
I (CA Vinesh Maheshwari) son-in-law of the Mrs Vinod, giving the refernce to Mr Nitin Mehra for the opening of the account, came to know all the episode then take all the details of the Trading Account and online User ID and Password to search what is the exact matter, Then I saw that on 08/09 she has given Rs. 20000.00 and on 17/09, 18/09, 19/09 you have debited Rs. 8564.68, 2976.21, 3650.35 as loss on account of trading of shares without doing any transaction by Mrs. Vinod.
I have seen the contract note which showing voluminous transactions in each above mentioned date contract note which is not possible on Telephone and these are definetly in the nature of the Speculation or trading, which might be done in front of the terminal only.
Mrs Vinod is old lady and opened the account for the investment. This is the FRAUD by the employees of the GLOBE CAPITAL MARKET LTD. which is due to either by transfered the all transaction of sombody else which has same name i.e VINOD after incurring the loss or due to earn the incentives or to meet the target for maintaining the job etc.
There is definetly a malpractice which is done by such a REPUTED COMPANY through the MR. NITIN MEHRA & HIS SENEIORS and it is hardship upon the investor MRS VINOD.
She demanded, to return her money of Rs 20000.00 immediately in their account and to punish the Culprits for avoiding such type of the malpractices. She also demands not to do any trading transaction from your side untill that matter solved and to refund the balance money as on date 18.09.2008 immediately.
your's early action will be appreciated.
on behalf of Mrs. Vinod
CA VINESH MAHESHWARI
TEL NO. 9891159544
SON-IN-LAW of MRS, VINOD
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