Subject: Fw: FRAUD TRADING AT MOTILAL OSWAL
Motilal Oswal
Financial advisor dipesh gupta of motilal oswal
Savita B
from MUMBAI, Maharashtra
19 Apr 2022
Client code AY414
I am client of MOTILAL OSWAL STOCK BROKER.I am holding this account for pady 2 and half years. In February 2022 Motilal Oswal appointed GINAMCIAL ADVISOR. The FINANCIAL AFVISOR had to be consulted for anything to be carried out in the account.He would also recommend where we can carry out trade in which stock. His name DIPESH GUPTA. I was following his advise.Since then I am suffering losses. I would like to ask MOTILAL OSWAL whether FINANCIAL ADVISOR has been appointed to make losss for us. Also I suspect that he is doing fake trading.Many times he has changed the prices of the stocks like he took my confirmation when stock price was Rs 488 and purchased the stock at 491. Always the price he would purchase at day is Rs 98 and as soon as he purchases the next thing within 15 minutes the price comes down to Rs 76.Is that possible?
But he had put stop loss of 10 to 12 rupees despite that stock price had gone down from 98 to 76 and then he will sell at Rs 86 reporting loss of Rs 10 .But then he will do averaging by buying more stocks at Rs 76 .All this sounds fishy because this was happening in the same manner every day.This is not genuine TRADING.This is FAKE TRADING.They pretend to have recorded your confirmation ETC but Confirmation for FAKE TRADING ie when they contacted me the price of the stock was not that what was in screen.
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