[Resolved]  Motilal Oswal Securities — ABOUT BROKERAGE CHEATING

Address:Hyderabad, Andhra Pradesh

Respected Sir,



This is hari and I hold my account with MOTILAL OSWAL ID:E901017 IN Hyderabad branch, previously I have some problem with another security services on the same time I got a call from MR.Sandeep and told that they are going to offer me with 20 rupees per lot intraday and delivery is both sides as I believed his words after I traded some scripts I was charges 2.5 % that for 10000/- rupees lot I was charged 250 rupees both sides in positional call so here total amount is they have charged 500 rupees instead of 40 rupees on his word after I questioned him he told that all amount will be reversal with in 10 days after one month also he is saying that it will take another 10 days when I called to his TEAM LEADER he is also not responding to my call even he is not answering my call at all, so here the MOTILAL OSWAL is cheating to the customers with their sweet words before taking account after taking account they are just ignoring to the clients even I called to the dealer desk they are simply rejecting amount my plan they are saying to contact SANDEEP when I called to sandeep always he is in the meeting only, recently I got a call from motilal oswal from MUMBAI and they told that your account opening book let and dp book they are sending I already told them to close due to cheating to the customer but they are not responding they have taken complaint but went in vain so here in this all are cheaters only and in the websites they are showing they got achived best awards when they are not taking interest on clients whey are they are maintaining secuty….? here to achieve their targets clients are suffering a lot I told him already to give me reversal he says already approved the amount but it will take some time, this is not the all time answer so kindly take necessary action on MOTILAL OSWAL SECURITIES do necessary justice to me immediately and give instructions to them to pay me 20,000/-(twenty thousand rupees) rupees compensation for giving this much of trouble to me and hence here finally I am telling to MOTILAL OSWAL MY PROBLME SHOULD BE SOLVED immediately otherwise I will file a case in the CONSUMER FORUM IMEMDIATELY





I request to SEBI AND NSE authorities to take necessary action immediately and do necessary justice to me



Regards

K.HARI

BDL-256/3, BEHIND LIG COLONY,

BHARATHI NAGAR COLONY,

BHEL, RAMACHANDRA PURAM,

HYDERABAD-502032

PH [protected]
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Aug 13, 2020
Complaint marked as Resolved 
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Hi Hari,

Apologies for the confusion caused. We hope the issue has now been resolved, post your interaction with our representative.

Regards,
Motilal Oswal Team

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    Andhra Pradesh
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