HI THIS IS PRASHANTH AND MY COMPLAIN IS ABOUT M/S SRIRAMCHITS I HAVE SUBSCRIBED TO ON OF THE 5 LACS CHIT IN HIMAYATHNAGAR , HYDERABAD BRANCH AND WAS AWARDED THE CHIT IN SOME 11TH MONTH AND AFTER SUBMITTING THE SHURITYS WAS TOLD THAT SUHRIETYS ARE NOT ENFOUGH AND WAS TOLD THAT WE COULD NOT MAKE THE PAYMNET BASED ON THAT ABD AFTER 1 MONTH SRIRAM AGENT AND HIS MANAGER HAS APROCHED ME SAYING THAT THEY WILL CONVERT MY BID AMOUNT TO FDS AND WILL REFUND THE AMOUNT AFTER THE COMPLAINT OF MY CHIT BUT THEY HAVE CONVERTED MY 1LAC FD TO INSURANCE BOND AND 2 LACS INTO FDS AND REFUNDED MY 2 LACS AFTER 2YEARS AND RENAMING 1 LAC THEY HAVE CONVERTED INTO INSURANCE BOND THEY HAVE REFUNDED ONLY 30K SAYING THAT THE VALUE OF 1 LAC AFTER 3 YEARS HAS REDUCED TO SO MUCH WHEN I WENT TO CONTACT THE BRANCH SIMILAR TYPE OF PERSONS WHERE STANDING THEIR AND COMPLAINING TO THE MANAGER AND HE WAS REPEATEDLY SAYING THAT WE HAVE SIGNED THE PAPER TO TRANSFER 1 LACK AMOUNT FROM OUR ACCOUNT TO SRIRAM LIFE ACCOUNT NOW IF IT IS SO HOW CAN COMPANY TRANSFER SUCH A BIG AMOUNT TO THEIR GROUP COMPANY WITH SIMPLE LETTER WITH OUT EVEN REVENUE STAMP
THIS IS NOT A CHEATING THIS IS MAJOR SCAM WHEIR THESE COMPANY'S ARE LOOTING THE POOR INVESTORS MONEY AND FILLING THEIR COFFINS AND GOVERNMENT DOES NOT HAVE ANY MECHANISM TO SOLVE OR HIGH LITE THE ISSUES Was this information helpful? | 
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