Inconsumercomplaints.com » Miscellaneous » Review / complaint: Peerless Securities - Cheated by the Stock broking manage | News #484562

Peerless Securities
Cheated by the Stock broking manage

I would like to remind myself. I am N. Kannan a poor investor from Chennai Peerless Securities (My client code K329).

A girl whom you have appointed as the branch manager named Girija Devi, previously worked as a dealer in Centrum Broking Private Limited, made a loss of Rs.1, 80, 000/- in the previous company itself and she promised me that I will recover all your losses in a new company where I am going to be appointed as a branch manager (i.e, your Peerless securities, Chennai branch), and for this promise she has signed in a agreement also.

You may have doubt that how I believed her words, she told me that being a branch manager I can use my powers to take position for you, and for that she asked me for some margin money or Shares, I transferred Reliance Industries 10 Shares and TVS Motors 100 Shares the market value of those shares on that date is nearly Rs.25000/- I told her not to sell these shares but keep as margin fund, but she told both company shares with out my knowledge. Then she made some transactions with out my knowledge and lost all those money.

Due to that my account got debit of Rs.10000/- she told me to clear that even I have clear that also, now she is telling I can’t do anything you give another amount as margin then only I can trade for you.

Please check my account what’s my investment amount and now I am with Rs.13/- Debit.

A girl who is sitting in the system making a loss for many people and the top management is not ready to do any review means what you people are doing. Are you in to the professional business or you have started the company to cheat the investors.

Your worry is just to get the brokerage, not to safeguard the investors. If you have started the company for that purpose you people are suitable to start chit funds. Have you ever reviewed any accounts of any clients?

Please do something and get me my money back. I want to say that everything is happened with out my knowledge

She always talks with me like as if I made a mistake, I know that KYC forms stats that the risk borne by the investor, please never try to cheat the investor..

This mail will tell you how much I have affected because of her

I am waiting a favourable reply from you

By

N.Kannan


Company: Peerless Securities

Country: India   State: Tamil Nadu

Category: Miscellaneous

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