Canara Bank — Fraud and mis selling

Address:	New Delhi, Delhi, 110009
Website:	Canara bank

Canara bank missold a mutual fund investment to my father mr rakesh khanna back in oct 2011.My father wanted a life insurance .The premium for that life insurance was 50000 per annum.My father told the bank to take 4000 every month as the premium and not a one off 50000 amount .But the bank started deducting 4000 every month as well as took the 50000 for the life insurance .Since the 5 year term of life insurance is over now
We checked our acc and we came to know that we r paying fpr 2 policies whereas we took just one .When asked the bank, we got to know that our monthly 4000 went for a mutual fund investment.As per the passbook, till now we have paid 2 lakh 12 thousand as 4000 every month and 2 lakh 50 thousand for the life insurance.We told the bank to return our 2 lakh 12 thousand as it was a clear case of fraud but the bank is only giving us 1 lakh 51 thousand and is saying we should forget the 61000 as they invested our money and there were losses incurred.This is totally baseless.Bank never asked us abt that mutual fund .Its a fraud and please help us get our momey back.We need our money and its a very big case of fraud