This is a discussion on fraud by religare securities Ltd Goregaon West Mum within the Stock Market forums, part of the Investment category; I am KP 3901 Relligare Securities Ltd Kamal Patel I have invested sum of 155500 rupees my 3 yeras Saving ...
I am KP 3901 Relligare Securities Ltd Kamal Patel
I have invested sum of 155500 rupees my 3 yeras Saving by RD from jan to Aug 2011 as a long term investment
Since I have not Much idea about market i have simply told Ritesh Desai Branch Manager Religare Securities Goregaon West to handle for
the long term Horizon Minimum 3 Years
I was informed in 1st week of august 11 that balance in my account is 165000 in spite of downmarket
I thought its good to invest and i have add more
50000 in my account
On 6 Nov 2011 i was informed By ritesh Desai that my balance if 160000
every time I use to call religare office for any information they didn’t give me direct information and I use to receive a call from Ritesh in next 5 minutes
On 6 Nov I called ritesh desai and he told me my balance is 160000 Everon R Power HMT in my account
I called Religare Securities Goregaon West Officeon 8 Nov 2011 for to cross check my balance and i was informed by santosh Rajput Office Executive That my balance is 195000 Everon R Power HOEC HMT in my account.
Ritesh Desai Also telling me taht i will return all your money if something goes wrong. I have a dbought that all executive including Branch manager are involve in this recket and they want me not to comPlain agaist them.
But I was not sure and i have visited religare Goregaon West office on 8 December and I came to know that ritesh desai has left job more than 2 months back
From Sameer New Branch Manager I came to know that my balance is 30000 with debit of around 20000 so overall balance is 10000
they have cheated me i would have not been invested more if i came to know that i am in loss continuously
they use to invest in a way such that i lose my money and keep telling me that you are in Profit
They want me to invest more and lose more money
I want all my money 205500 back from religare securities Ltd with intrest 15 %.
Regards
Kamal Patel
9324043677