[Resolved]  Money Classic Research — not providing service after taking money

Address:Pune, Maharashtra, 411014
Website:www.moneyclassicresearch.com

Money classic research company called me to take service by making payment of rs 7000/- on date 20-april-2018. I made the payment and they did not provide good option call and they said me to take service for rs 20, 000/- for good call option. I made the payment as they were not providing any services for 7000/-. After this payment also, their service were very poor and promised me for good call after making payment of 1lakh. I was not ready for this service but they were keep insisting me for this payment for any further services. I made the payment of rs 60, 000/- but could not receive any good call. When i called him, they said to make the 40, 000/- payment for any kind of services. I argued with him to provide me service for the payment which i had already done but they were not agree and asking me for 40, 000 more money.

I told they to refund my money as i do not want to continue but they are not ready for refund and not even to provide me any services. This is completely un-ethical and non-professional. Please help me here
Was this information helpful?
No (0)
Yes (0)
Jun 16, 2018
Complaint marked as Resolved 
Money Classic Research customer support has been notified about the posted complaint.
Verified Support
May 15, 2018
Money Classic Research Customer Care's response
Dear Sir,
We have received your complaint and we are looking at the in-depth details of the case mentioned by you. We understand your concerns and we will try to resolve your matter as early as possible. We will revert you back soon after completely identifying the case and taking proper actions over it. Kindly provide your contact NO. on [protected]@moneyclassicresearch.com

Thanks for your patience

Regards
Money Classic Research Team
May 17, 2018
Updated by Laxman Shegunasi
contact no sent on given mail id.
May 24, 2018
Updated by Laxman Shegunasi
Please update status on complaint.
May 27, 2018
Updated by Laxman Shegunasi
I am not getting any response from Money Classic Research Team after sending multiple email also. I have lost all my life savings here.
Jun 25, 2018
Updated by Laxman Shegunasi
They told me I will get refund on 25th June but now they are saying there is no such policy and concern person mobile number is switched off. MONEY CLASSIC RESEARCH COMPNAY IS FRAUD COMPANY. It's proved here.
Jun 25, 2018
Updated by Laxman Shegunasi
Plz reopen this complaint since its not resolved.
Complaint comments 

Comments

Hi All,
This is one of the fraud company . Staff make lot of big and tall commitments and loot your hard earned money. If we send email they do not respond also. It appears that all are there to cheat people.
Just to update the chain of events and issue in details so that you can decide on the next steps.
I had made a part payment of Rs. 5250/- on 6th Jun as a part of monthly plan activation which after discussion and confirmation with Mr Kuldeep Sharma (KS). The plan was activated and no call was given on 6th. Although the payment was made, no invoice and no confirmation was received.
Next day on 7th Jun morning I received a call from Mr. Mathur stating that my number has been shortlisted and I am eligible for premium services for 1-year premium which is zero risk and 90-95% of the accurate call will be given. The details of the charges for the plan were informed over a call. Mr. Mathur informed to make only 10000/- which will be part payment of yearly plan. However, I said I need time and I did not contact on 7th-Jun
Next day i.e. 8th Jun, I received call from Kuldeep and he was persistent that unless you make a part payment of Rs. 10000/- which is zero/nil risk we cannot proceed for the premium/1-year services. I was told to make the payment on same day else no call will be given. Even I was told by Mr. Kuldeep Sharma that I am wasting the market time and you will get the return of Rs. 10000/- in a same day. Based on all the information given I made the payment and I received only SMS confirmation and no invoice or other activation information. I was persistent on the receipt/acknowledgement but I received nothing. Mr. Kuldeep informed that no need to worry and your service is activated and you will receive premium calls from Monday.
He suggested to open DMAT A/C with AngelBroking and same was initiated and A/c activation was done on same day.
I was in constant touch with him over messaged and calls on weekend. He suggested to transfer the amount of Rs.50000/- in DMAT account for trading and provide authority to him to trade on my behalf.
I received the receipt of 5250/- upon persistence on Monday (11-Jun). I asked for the other receipt of 10K which he said they will process.
He started trading from 11th Jun and he said these are all part of 1-year premium services and I was in constant discussion whether it is same plan or not. He informed that no need to worry and it will be received and it is a premium zero risk plan.
On first day loss of ~18000/- and second day ~1000/- and on third day 18500/-.
Every time I use to call and Kuldeep used to say that the amount will be recovered. Same was confirmed from Mr Mathur and he said no need to worry and it will be recovered.
He traded for three days with a loss of Rs. 37424/- ~38 K)
Yesterday when I called to take a stock of the issue he informed that he is working on the basic plan. If this was basic plan why he was telling me lie on these days. When Mathur intervened he also said no need to pay anything extra for the plan. We will recover. We have all the messages proof and if required you may check the call details of these people.
No the question is both are suggesting to make additional payment to continue and recover the amount.
I am already under huge loss of ~ 53000/-(38000 Trading loss+15 000/- fee) which is due to ignorance from Mr. Kuldeep Sharma and Mr. Mathur as he did not have correct oversight.
I am surprised to note that there is no proper channel of receiving receipts by customer and details of the plan mentioned in the document. This is shocking to know that I made the payment of 10K on 8th and receipt is being sent on 14th Morning.
Could someone from your team help is resolving the issue and recover the amount which was made to lost by Mr. KS.
Also, I would be happy if a new coordinator can be assigned and help in discussion as Mr KS is very arrogant and never listens to the discussion. He disconnects calls. I am still not clear why he started trading on basic (high risk) when he was not having authority to trade on premium call.
Thank you in advance for your understanding and to look into the matter.
Even I was insisting for the email IDs of both members they never shared.
I dint get any resolution but it's marked as resolved.

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Money Classic Research
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    66%
    Complaints
    191
    Pending
    0
    Resolved
    125
    Money Classic Research Phone
    +91 73 1409 4475
    Money Classic Research Address
    202-203, Modi Mension, E B 250 Sch No.94, Ring Road, Indore, Madhya Pradesh, India - 452001
    View all Money Classic Research contact information