[Resolved] Money Maker Financial — Fraud, Dont take their tips

mailsk

from Delhi, Delhi

Address:

New Delhi, Delhi

I joined Money Maker Financials, Indore after I received a call from there representative Mr Rajiv. Who gave me three trial calls in equity options which gave me Rs11500 profit . I joined there equity option package for one month. After joining he gave me one equity option call which gave me 2700 profit. The same day he explained me the benefit of their sure shot equity option package which will be on the profit sharing basis and initial payment for joining this pakage is 15000. After joining this package he have me three call in equity options. All the three calls failed and became 0 on expiry, I lost all my capital as well as the profit I earned from there free calls. There was no stoploss suggested for the calls. On my asking him over phone he advised me to hold the position till expiry. Now one month have passed, no one from their customer care cell or representative is contacting me.They are concerned about their subscription charges only. Once you pay the subscription charges, you are gone and nobody care if you make losses. Please don’t believe these people. I am a central government employee and lost my hard earned money by following their advice. I am posting this after giving sufficient time of one month to Money Maker Financial, Indore in hope that they will come forward and help me recover my losses. Be care full in joining this advisory. Past Performance posted on website is not the guarantee of profit.

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Aug 14, 2020

Complaint marked as Resolved

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T_Nilesh

from Gurgaon, Haryana

To,
International Organization for Standardization
ISO Central Secretariat
BIBC II
Chemin de Blandonnet 8
CP 401
1214 Vernier, Geneva
Switzerland

To,

CRISIL Irevna Information & Technology (Hangzhou) Co. Limited,
Room 1606, 16th floor, Hengxin Mansion,
Jiangnan Avenue 588, Hangzhou
CHINA
Phone: +[protected]
Fax: +[protected]

To,
Madhya Pradesh Stock Exchange Ltd,
201, Palika Plaza, Phase-II,
M.T.H Compound,
Indore- 452001
Tel: +[protected]

Dear Sir,

Please request you to intervene and instruct Money Maker Research Pvt. Ltd (http://www.moneymakerfinancial.com/index.php) to resolve my issue and also request you to please check what kind of quality and standard they are maintaining also even after I spoken to their executive they offered me (Option
@Monthly service. Start Date -21/05/2015 End Date - 20/06/2015) which i am not interested and even i do not prefer trade in Option segment this shows their lack of interest and knowledge towards their duty and responsibilities( Directly forcing to me trade in Option Segment).

I hope that after your intervention my query could be resolved and prestige of an international standard(ISO) and CRISIL(Standard and Poor's (S&P) company) will be intact which is widely accepted and esteemed in all over the world.

It is worth here to mentioned that I am not only the one who is not satisfied with the quality and services which are being offered by Money Maker Research Pvt. Ltd their are many others like me( I am trying to reach even last man) and shall furnish you the details in meanwhile.

Whenever we visit any website we try to find weather company is registered with ISO, CRISIL etc or not. We can blindly trust on them whoever having your logo.

I am writing this on behalf of all other person who is a victim of services of Money Maker Research Pvt. Ltd (http://www.moneymakerfinancial.com/index.php).

It is observed that Money Maker Research Pvt. Ltd is not complying with the SEBI investment advisor act of 2013 and other associated rules strictly.

Hope it may get resolve soon.

Cc.: SEBI, Plot No.C4-A, 'G' Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051, Tel : +[protected] / 40459000

With Best Regards,

Nilesh Tiwari
+91 [protected]