Indiabulls Securities Ltd
UNAUTHORISED TRADING, TAKING CASH, CREATING DEBIT
- 09-21-2008
- 139
IGNORE PREVIOUS COMPLAINT
INDIABULLS IS A FRAUD COMPANY. MR RAMPRASAD, HABSIGUDA, HYDERABAD RELATIONSHIP MANAGER ENROLLED ME AS AN ONLINE TRADING MEMBER. THE FOLLOWING ARE MY GRIEVENCES:
- SOLD OFF ENTIRE PORTFOLIO OF F&O AT MARKET PRICE WITHOUT AUTHORISATION ON 10TH AUG
- TOOK 15 LACS FROM ME IN CASH CONVERTED INTO A THIRD PARTY DD AND CREDITED TO MY ACCOUNT PUTTING LOT OF PRESSURE ON ME TO ALLOW TRADING ON THE NEXT DAY.
- WARNED ME THAT MY POSITION WILL BE CUT OFF AS IT HAS REACHED 95% BUT FAILED TO CUT POSITION AT APPROPRIATE TIME RESULTING IN A DEBIT OF RS 53000 IN MY ACCOUNT
THIS COMPANY IS A FRAUD, AND I SUGGEST CLIENTS TO TAKE AWAY THEIR HARD EARNED MOENY BEFORE LOOSING EVERYTHING TO THIS COMPANY WHICH COULD VANISH AT ANY TIME. THIS COMPANY IS A HABITUAL OFFERNDER OF RULED LAID BY SEBI. THE CHAIRMAN AND THE ENTIRE BOARD SHOULD BE ARRESTED AND TRIED BEFORE AN ECONOMIC OFFENCES COURT.
REGARDS
D. RAVI SANJAY
Company: Indiabulls Securities Ltd
Country: India