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City Limouzines - financial fraud

 
432 Reviews
User
  raj malhotra
plz report the mattter to SFIO and RBI urgently
Complaint comments 431 Comments     Updated:
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Comments

 
The companey cheque has been bounced and asking the cusomer wait till 15 Sep 09. I think this is lead to fraud and a companey may get close during this period. They are not giving the correct reasons for the stopping the payment
 
Something definitely looks fishy to me. It is unclear why they have stopped the payments. They claim that the accounts have been seized. But from the media reports this does not seem to be the case.
 
They do not give correct answer.they avoid us & give date on date like 5th sept then 7 th sept, then 10 th sept & now they told 15 th sept.why should they give answers like that.if they will not give agreement or cheques they will be to give our payment as soon as possible.
A
User
junaid  
 
hi every one im also a investor in the city limousine co they told me to deposit the cheque on 7 sep but now they are telling me to deposit the cheque on 25 sep im very worried why the government is not taking any action against the company plz help or numerous people will come on the road im to also
 
I personnely feel that some thing wrong has happened to your investement and if you all at the earliest lodge complain with RBI, CBI, Vigilance committee, etc they will get time to wind up and go out of India. Do some thing fast, because you are in INDIA and India Official are overburdened (Look busy and play easy).
 
This coy. is definetly a fraud. This is another scame.All the investors should come out & lodge FIR against the coy. Earlier They pretext that investor can deposit their cheques on 5th, then date extentend to 15th and now 25th sep. No one frome the coy. is replying that what is actual reasons of holding the cheques.
Today i rang up to bombay they r saying that incoe tax deptt.has sealed their office till 21 sep. But investors wake up and register the case againt the coy.
My worry is that no authority like RBI, vigilance commettee is taking the action these cheaters.
N
User
vikas  
 
Dear all Pls yours no as we also reveive massage from city lumineszise that pls hold your cheques till 15 sept mber and tommorw they say pls deposit your cheques on 25 spt 9999038994
 
Let us wait and hope that things turn out to be false and we all get our money back. My fingers are crossed and I am waiting something positive to happen. What the complaints are raised are undoubtedly true. But, let us give some time and wait till 15 Sep'09. In the mean time, high offcial from all regional offices and head office, Mumbai should make a formal statement to remove the fears and clouds of anxiety in the minds of customers.

Please take notice of this complaints and initiate suitable action to deal with the crisis effectively.


Kantesh Kumar Singh
Chennai
 
We all are waiting for positive from city. We will wait till 15 Sep. If any latest development growing up please share with others
Hari 09313777996
N
User
vinesh  
 
Hi all,
I am an investor from chennai. i had a very good faith in the company coz i hav been investing here for nearly 6 years and I have no compliants till now. Im also hoping for the best. Lets all keep our fingers crossed and wait for a couple of days also. And in the agreement copy if you check they have mentioned that a time of 90days is acceptable for the clearence of the cheques.

In the meantime i would also request the officials of the City limouzines to come forward and make things clear.
 
Untill and unless we don't know what the complained is! I can't comment on that. Today is the hearing for the said case against City Limouzines under FEMA which is Foreign Exchange Money Act.
Lets hope for the best for us as we have invested lots of money in this company. If anyone gets any detail about the same, pls contact me or mail me.

Parveen
9999908346
 
Peoples are giving their review/opinion hypothetically over the lapses they are experiencing, particularly on the bouncing of post dated cheques issued by the company. Company has informed of the different dates for the presentation of cheques. This has caused the state of dilemma amongst the members. I would suggest that the company should come out through a press release to mitigate the agony of its investor. Till such we have no option but to wait and watch the crisis running in the company.
N
User
vikas  
 
Dear all iam deposit my money on 1 augest and they say me plscallect yours cheques on 10 september is any precedure to widrow my money becsue not a single cheqes is issue and my file is not complete 9999038994
 
Dear Investors,

I am the oldest member of Coty Limouzines and first in there combo plan. Please dnt get panic every thing will be fine in few days. You may get some less retursns in future but company will survive for long
 
hi,
i am invest in co in month of june what happen co' stop the payment please late me know reson about
 
In Nungambakkam branch, they have stopped payment on 11th sept, 2009. From 11th of sept, they will make receipt. Rediculous, if you are not willing to make payment, then why you take the receipt from the investors. 1000s of investors are waiting till 15th sept. Lets hope for good result. and think positive. and pray to god to solve all our investors problems. khuda hafiz
 
In Nungambakkam branch, they have stopped payment on 11th sept, 2009. From 11th of sept, they will make receipt. Rediculous, if you are not willing to make payment, then why you take the receipt from the investors. 1000s of investors are waiting till 15th sept. Lets hope for good result. and think positive. and pray to god to solve all our investors problems. khuda hafiz

99411 86607
 
I HAVE INVESTED I THIS COMPANY SINCE ONE YEAR. MY CHEQUE HAS BEEN BOUNCED ON 15TH AUG 2009. WHEN I CALLED THE COMPANY THEY ARE TELLING ME TO WAIT TILL 15TH SEPT. AND WE WILL GIVE YOU MESSAGE ON THAT DAY. LETS HOPE FOR THE BEST. IF ANY BODY GETS INFORMATION OF THIS COMPANY PL. CALL ME ON MY CELL 9324004789.
 
Dear Investors,

If any information comes from the Mumbai Investors, pls.pls.pls, let Delhi Investors should know or e-mail me or call me at 09810020079. I would once again request all investors not to get panic, just pray to god for the speedy recovery of the company. The money we invested was hard earned money no body has right to grab it so simply.

Thanx
 
I HAVE INVEST LAST 3 MONTH BACK& ON 7th SEP CHEQUE WILL BOUNCE.WHEN IREACHED
DELHI OFF NO BODY WAS THEIR &OFF WAS LOK I REQUST 2 U PLS TELL US RIGHT INFOMATION AS SOON AS POSSIBLE.IHOPE THAT COUPLE OF DAYS THINGS R GOOOING RIGHT.

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    City Limouzines - financial fraud