TRADE INDIA RESEARCH CHEATING CUSTOMERS AND DOING UNFAIR TRADE PRACTICE AND NOT REFUNDING MORE THAN 6 LAKHS TAKEN BY THE FIRM Trade India research, 301 3rd Floor Mangal City, Vijay Nagar, Indore, 452001 from that company one person Vibhav rathi called me last year august 2016 and told 50000 if you give for advisory charges we will commit a profit of 125000. After that he told company is not agreeing you have to pay 50000 more and 250000 profits we will give. Like that the company keep on increasing and telling if you don't pay we will not give any service and will not refund your money also. they forced me to pay UPTO 5lakhs after that also they were not starting my service and you have to pay tax of 75000 then only we will start. They too much harassed me for every time payment. I lost all the credit card limits. Beyond the credit limit also they have taken. The demat account they asked me to put money for trading and taking out profit that also 2 times their staff Vibhav Rathi 75000 and Sonal 75000 made full loss of around 150000. Avinash and Bhattacharyya are two researchers while taking money they told me 5000 we will make profit of 50000 withion 2 days. . And within a week you can pay your credit card. So pay above credit limit. All are big lies. Avinash harassed me even night after 11 to pay the money. 2- 3 times he scratched my credit card and was harassing to tell otp. Now I am asking to refund they say refund is not in our policy. Credit card people harassing me. Because of this company I am under too much bad condition and under very big problem each time paying money they harassed me a lot. Bhattacharya told me I have to pay for software from Singapore. Do not worry with two days I will cover all you credit card limits. He told 5000 I can give you a profit of 50000 within 2 days. Vibhav. Sonal they made my demat account money zero and now asking me to invest more money to do trading Vibhav. Sonal. Avinash. Bhattacharya all big frauds. I have written so many mails to support team no action. I asked Vibhav to ask Sonal to put money in my demat account and their company says that also not in our policy: I lost all my money. Because of their wrong commitments I stood a big problem of creditcard but they are not ready to refund my money I am in too much tension for payment of credit card. It is beyond my capacity. Before doing trading every time they wrote and took from me I am satisfied with their service. All proof I have. Also they told me after payment we will send hard copy in stamp paper with all details of profits committed but more than 10 months over I have not received anything. Kindly solve my problem and also public will suffer in future because of this company. Trade India research, 301 3rd Floor Mangal City, Vijay Nagar, Indore, 452001 from that company Vibhav rathi called me last year august 2016 and told 50000 if you give for advisory charges we will commit a profit of 125000. Like that the company keep on increasin
You are victim of online fraud and your jest to earn easy money brought you losses. Any rational person will not cajole by such luring but fake offers. Since fraud is committed for trading, file online complain to SEBI and file criminal complaint at local polcie station. Ask them to provide you statement on your income. Investment and return Profit and loss.
Complain to SEBI against trade India offering guarantee of minimum profits and refusing to honour its commitment
2) I presume you have commitments made by them in writing
3) if there is arbitration clause in your contract invoke said clause for resolution of disputes
1. ALL this is very very big racket, for cheating the Public.
2. You can file a Police (cyber crime) FIR, requesting investigation and charge-sheet, for offences like cheating, intimidation, fraud, breach of trust etc.... against the person, supported with all relevant supporting documents.
3. IF the Police does not take action, THEN you can file private criminal case u/s 156(3) Cr.P.C., in the local Magistrates court, seeking directions to the Police to investigate and file charge sheet. The said Person may come down for settlement.
You can file cheating complaint against them. If it's share market related transaction you can complaint to sebi also
You have to file a civil case against the trade India in your district court and claim the compensation in case there is a cheating and misappropriation you can file a criminal case as well in the criminal court of your district under section 419 and 506 of ipc
Hello,
Lodge a complaint against them before SEBI and NSE.
Make sure you do have strong prove before lodging a complaint?
Are they a registered broker?
Regards
You can move before Consumer Court for getting the desired releif and you can also file a complaint against the company for cheating and fraud, this may be converted into an FIR if the Police so desires. contact for further proceedings.
Dear
You need lodge FIR against the company and assets manager of company for doing fraud with you.
Also send complaint to SEBI for illegal trading practice by company and not refunding your money which they have taken by blackmailing you.
You can send a legal notice mentioning all their fraudulent activities and demand the money you have invested or given to the company.
You can send a complaint to the SEBI mentioning all the fraudulent activities of the company and how you were cheated and the reluctant attitude of the trading company while denying to return the amount etc.
You can file a money recovery suit if you have evidences for having given money to them on credit basis.
You can lodge a criminal complaint agaisnt the company with the local police for their fraudulent activities particularly against all those company staff who have cheated you.
