Sri Sastha Online Trading — Cheating customers

Address:560034
Website:srisasthaonlinetrading.com

I had invested in sri satha online trading in the fixed deposit scheme of rs50, 000 by issuing cheque as mentioned in the website http://srisasthaonlinetrading.com/ in dec 2015, i was paid only 2 monthly returns after repeated calls from my side asking them to pay the monthly interest. On 2nd march 2016 i have dropped in email to [protected]@srisasthaonlinetrading.com for returning my principal which i have followed as per the guidelines mentioned in legal agreement. Now the owner mr manikandan is not refunding and not answering my calls and keeps messaging today tomorrow he will make transfer and this is going on from 2nd march 2016 till date. The sales office mentioned in website is shut down. A firm which is 7 years into business as mentioned in website if it unable to pay this amount then your money is at risk invested there.

I have the legal agreement provided by sri sastha which needs to be verified if its genuine. The website does not disclose the main office address. I request the consumer forum to look into this and take appropriate action.
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Nov 09, 2016
Updated by Kev 1
As per the confirmation from Mr Bala over email he has agreed to settle the amount on Nov 16th 2016. If the settlement is done i will mark the complaint as resolved.
May 29, 2017
Updated by Kev 1
Mr Bala i have been waiting for long now and you have been confidently cheating and assuring return of my money, till now you have not understood the meaning of tomorrow which you have been telling always tomorrow the payment will be made. Request you settle my hard earned money.
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    Bangalore South, Karnataka
    India
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