Motilal Oswal — Fraud and breach of trust by Motilal oswal securities ltd

Address:

Ahmedabad, Gujarat

I am an registered IFA of motilal oswal securities. As per the terms of IFA agreement, as an IFA i will get referal commission from MOSL if any of the customers introduced by me invest in their products like PMS, real estate funds, equity brokering account etc. I introduced a corporate client to them in 2012 and was paid referal incentive upon successful closure of deal. Thereafter MOSL further took large sum of investments from the same client without keeping me in loop. Whenever i asked my Relationship manager MR Ashlesh Sahu, he always denied and misrepresented the fact that the customer is no longer interested in investing further. This year i came to know that MOSL has taken a sum of 8 cr from my customer and they never informed, i have been writing to the highest authorities including Mr Motilal himself, but they are not responding Request your help as the amount is quite significant Your Sincierly rahul singhvi [protected]