Results 1 to 2 of 2

6 Lacs loss in stocks after inesting through a firm

This is a discussion on 6 Lacs loss in stocks after inesting through a firm within the Stock Market forums, part of the Investment category; Dear Sir / Madam I had invested 9.75 lacs in a investment firm in 2007 and after more than 3 ...

  1. #1
    Kiran Shet is offline Junior Member
    Join Date
    Aug 2010
    Posts
    1

    Question 6 Lacs loss in stocks after inesting through a firm

    Dear Sir / Madam

    I had invested 9.75 lacs in a investment firm in 2007 and after more than 3 and half years my investment has eroded down to 3.5 lacs.

    Upon investigation I found that a lot of speculative trading was done in my account. I asked all the tradings to be stopped at once and all stocks transferred to my demat account. The person operating my account says that I gave hime the permission to do this kind of trading but the truth is that I have not asked hime to do so.

    I filed a complaint with the firm's higher authorities, they are still working on it for the last one and half month.

    Over this period of time this firm has charged me a brokerage of more than 2 lacs. I have asked for compensation and action to be taken against the person operating my account.

    I was very patient and always hoping that when the markets were up the losses will be reduced but to my utter disbelief I found that when the market rose from 7000 levels to 17000 level there was little or no improvement in my holdings.

    I m a mariner by profession and am out of India for most of the time.

    Please advise


    Regards

  2. #2
    Unregistered Guest

    Default New Bike Issue

    Dear Sir/Madam



    Newly i bought Herohonda Karizma on April 14th. That time i will not c my bike problem, after with in a week back Right Side coule, Left side coule is damage and i complaint for my showroom and he was fix the fevi stick, but now all coule is damage. if showroom not replace this equipments company has facing big problem.



    Vehicle No: TN 18C 3132

    Showroom : Sri vigneswari Automobiles

    Location : Tamil Nadu,Chennai, Minjur



    Thanks & Regards



    V. SathishKumar

    9884066772

Similar Threads

  1. www buzzingstreet com fraud bastard 8 lacs loss,,,,,,,,,,,//
    By srinivasan2 in forum Bad Response or Bribe
    Replies: 0
    Last Post: 04-28-2010, 03:32 PM
  2. www buzzingstreet com fraud bastard 8 lacs loss,,,,,,,,,,,
    By srinivasan2 in forum Internet Services
    Replies: 0
    Last Post: 04-28-2010, 03:32 PM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •