[Resolved] Angel Broking — Illegal trading by Angel Broking | |||
Without informing me, Angel Broking, cunningham road, Bangalore has traded and made huge loss of around 7 lakhs. This has been done by them mostly during Jan, Feb, March 2012 months. They have also transferred money from one segment to other segments and traded on their own without my consent. When I wrote to [protected]@angelbroking.com, they responded back saying that SMS and emails has been sent. But the system has generated SMS and emails after they traded without my consent. When I asked them to provide the necessary phone conversations or call records, they are not able to provide, since they have traded without any such conversations. I have reported a complaint to National Stock Exchange, India during April 2012 and still waiting for the response. When I ask for relevant records, one of the branch manager by name Mahantesh behaves in a rude manner and gives a pathetic response. And they are not providing any transaction records. They are trying to hide and escape from the illegal trading done by them. I have also filed a complaint under SEBI. I shall file a complaint in Consumer court also, since Angel Broking has played around with my hard earned money. Was this information helpful? | |||
Aug 13, 2020 Complaint marked as Resolved | |||
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+91 22 2835 8800
+91 22 3083 7700
G-1, Ackruti Trade Center, Road No -7, MIDC, Andheri (E), Mumbai, Maharashtra, India - 400093
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I have an account with their Mayur Vihar Phase 1, New delhi branch. After complains about their previous RM, Saurabh Jain (who is now trnasferred to the Ghaziabad Office of Angel), I was alloted a new RM, named Bishen Singh. Mr Jain used to hide the risks and the charges associated with a few transactions, particularly in F&O, even when I asked him specifically. He also made several false promises that certain charges would be reverted (I have the recordings of those conveersations).
Now, Mr Bishen Singh carried out some unauthorised transactions, far exceeding the amount I would generally allow to be risked. Most of these transactions were between August 01, 2012 to Nov 30th, 2012.
They are so proactive in calling you/contacting you when they need to, but when you have any questions, they just close their ears and eyes.
BEWARE OF ANGEL BROKING AND THEIR AGENTS!!!
Vijay Gupta