[Resolved]  City Limouzines — check bounce

I had invested about 1.25 lakhs in City Realcom Ltd., a subsidiary of City Limousines, Chennai. The post-dated cheques issued by the Company started bouncing from July 09 onwards. When I contacted their office in Chennai, they gave vague answers & assurances. One day their office was closed & I am asked to file a complaint with the local police. What is the fate of my investment & whether I will be able to get back the hard earned money. Please advise me how to proceed in the matter.

I invested Rs. 139000/ with city Real com on 18 sept 2008 and received post dated monthly cheques of RS.7775/ but the cheques started bouncing since sept 2009. it was only through emails that i came to know about the fraud. Of course I never expected this type of fraud from a company like citilimouzines, an ISO[protected] company.

i have invested in scheme of city limouzines and I got post dated cheques and they are being cashed two cheques and other are bounced. Through print and electronic media or letter recd. by Advocate (mumbai) I came to know that the firm under audit and financial economic wing has raided and case is pending with the honorable Mumbai court.May I know the latest position of the situation.

I have paid an amount of Rs.1,40,000/- in the month of june 2009 for which the branch manager of hyderabad was issued six post dated cheques each contains of Rs.8800/- But the cheques were not honoured and the managment of the hyderabad was requested me to wait for some time to encash the cheques. as I beleive the words of the management I kept quite some time. But all of sudden the branch of Hyderabad was closed and it was telecasted in all the news channels. I was shocked by seeing the news with regard to the standard of company. subsequently i made repeated demands and requests to the H.O. of the Company situated at Mumbai on phone but they gave evesaive replies.
Therefore I will be constrive to file a complaint before you against the City Limouzines service is neglegent and do justice to me infortherence of justice.

Regards,

Dada Peer Mohammed
+91-[protected]

All the advance cheques issued by Citylimouzines/Cityrealcom by their Jaipur Branch have started bouncings after August 09.. Our investment to the tune of four lacs have been made during July 09, is totally duped. Ever since than we are trailing in the state of dilemma because. o[censored]ncertainty in getting our money back.
Trust my this appeal will be taken by the consumer protection agency for amicable sattlement with the Citylimouzines by the competent Govt. authorities