Algo King — Algo King - A Fraud Trading Company

Address:Office no 101, First floor, City Avenue - By Kolte Patil, Bengaluru - Mumbai Hwy, Shankar Kalate Nagar, Wakad, Pimpri-Chinchwad
Website:algoking.in

I, Mr. Amulya Kumar Das, from Bhubaneswar, Odisha. I purchased robot on 28th March 2022. My mail Id is [protected]@gmail.com. My account Details Client Id - SNCW1021
I have deposited Rs. 15, 000. 00 (Fifteen Thousand) on Algo King IT Company for the robot trading software. I have talked to Mr. Baibhav regarding my account. He assured me that the company’s robot software will give me 100% profit. He told me that after purchasing the robot I can invest on Angel One, A Broker Company through which they (Algo King) can trade and give me profit. After all the conversation and documentation they opened my account on both Algo King and so also on Angel One. Then I have deposited to Algo king 15, 000 for their robot software fee. Again 30, 000 I have deposited on Angel One.
They started trading from 29th March 2022. After some days near about 5/6 days I faced loss. My account got loss day by day. Then I had decided to withdraw my invested amount. Then I withdraw Rs. 25, 000. 00 From the Angel One Account. Because after loss the remaining amount was 25, 000. Due to their irresponsibility and the accuracy of their robot is 0%, my account got loss of Rs. 5, 000. Then I called Baibhav and said that I want my invested money back of Rs 15. 000. 00 which I had paid to buy the robot, because their robot did not work. But after that conversation they did not pick up my call.
Now they refused to refund my amount, including the robot purchased amount, which was not working properly. But there is no response and not pick up my call.
They are only a scam, no revert back from their side, they are fraud.
I am going to take legal action against this fraud company.
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    Office no 101, First floor, City Avenue - By Kolte Patil, Bengaluru - Mumbai Hwy, Shankar Kalate Nagar, Wakad, Pimpri-Chinchwad
    India
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