[Resolved]  Kaynet Group — Froud

Address:a-213, n- Block shalimarbagh, Central Delhi, Delhi

HI

IF ANY KAYNET EMPLYEES CONSULT TO OPEN A ACCOUNT IN HIS COMPANY, PLEASE AVOID IT SERIOUSLY. THIS IS ONE OF THE WORST COMPANY WHERE NO RULE AND REGULATION IS FOLLOWED. EVEN COMPANY GIVE AN INSTRUCTION TO TRADE FOR COLLECTION THE TRADING CHARGE. ONE OF MY FRIEND INVESTED THEIR 2 LAKHS WITHIN 3 DAYS THEIR MONEY IS 13600 RUPEES ONLY, WHEN HE AVOIDED TO TAKE A CONFIRMATION CALL MANY TYPE OF PRESSURE WAS MADE TO HIM. EVEN THEY OFFER YOU TO GIVE 50000 RUPEES AND WE WILL GIVE A PROFIT 12000 THOUSAND EVERY MONTH. ONE OF CASE HAS BEEN HAPPENED THEIR WHERE ONE WOMEN GIVEN 8 LAKHS RUPPES AND NOW HIS MONEY IS AROUND 54000 AND FINALLY SOME TIMES AGO SHE TAKEN SUICIDE. SO PLEASE AVOID THIS COMPANY.

REGARDS
ARVIND SINGH
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Aug 14, 2020
Complaint marked as Resolved 
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I have already suffered from this brokers irresponsible and cheating behavour. I got a phone call from
Fraud Big Fraud
one employee of kaynetgroup asking me to open the account with them. I asked about their branch, i was told that i never need to visit any branch or do anything they will visit whenever i call and solve any issue, was told that there is no cost to open account and there shall be no fee ever. What i ever will pay is the brokerage of .01 paisa on day trades and .10 paisa on delviery, no intra-delivery or ndsl/cdsl charges will be there i was assured about that. After i opened the account and deposited 1500/- made a singe trade, i was deducted some 30 Rs. and also few hundred as maintenance charges. I asked the RM few times first he keep replying that these charges shall be waived of, and some time later he stopped picking my phone, i made a single trade in my account of amount 10 Rs. on which i made a profit of 5 Rs. but all my money was spend in different charges.

This is worst broker, dont get lured to their low brokerage, they are eager to rob any new clients who join them. So never never join this broker ever.
Deepak kumar Singh Rana's reply, Aug 23, 2016
Hello,

Have you taken any action against kaynet. I too was cheated by their broker and relationship manager. Please share your contact number. I want to call you.

Regards,
Deepak
Yes you are right.
Kaynet is a fraud company.
I too have suffered loss of my Rs 50, 000.
The broker through which I was investing money, he invested my money without my permission/conformation.
He went on an unexpected uninformed leave.
After 30 days he said to me- Your money has lost in trades due to the reason of shares expiry.
The agent name was Tejpal. His contact was [protected].
My account balance now is Rs 163 only.
Deepak kumar Singh Rana's reply, Aug 23, 2016
Hello Sohan Singh ji,

Have you taken any action against kaynet. I too was cheated by their broker and relationship manager. Please share your contact number. I want to call you.

Regards,
Deepak
Kaynet is a fraud company.

I too have suffered loss.

The broker through which I was investing money, he invested my money without my permission/conformation.

He went on an unexpected uninformed leave.

It has been 20 days ..no call has come from there and also when ever i call them.There is no response.

My so called broker has been making losses since the day i started trading with him.

The agent name is Ashish. His contact is [protected].

Pls ignore this broking house and also this agent.
Deepak kumar Singh Rana's reply, Aug 23, 2016
Hello Deepak, have you taken any action against kaynet. I too was cheated by their broker and relationship manager. Please share your contact number. I want to call you.

Regards,
Deepak
I am investor named Akash Jain (Id: 104A16), had opened a demat account 01 month ago in Kaynet Finance Limited through its Relationship manager named Kushang Mohan,

He asked me to deposit Rs.10, 000/- for margin money and started to trade in currency.
But i asked him not to buy more lots/quantities as i am very small investor and could not invest for than this.
Despite of that he asked to for more margin and after i deposited total Rs.65, 000/- in demat account only because of Kushang Mohan, as he told me otherwise i may suffer loss.
After fews days i again asked him to transfer whole amount in my account. But he did not do this and again bought 30 lots of GBP currency. He did not made "Order Call" before buy and in the evening when i came to know that he has bought so many units and i asked why are you doing this. As market was going down, he again bought 60 lots.
after that collapsed and he make my loss of Rs.70, 000/- approx.In the starting i did not give trade confirmation on automatic call then he told me to accept it otherwise you may incur loss. Therefore i used to confirm the automatic call for trade confirmation and he took the benefit of it and cheated with me.

I also tried to register my grievances to Kaynet Finance Limited helpdesk and still they are not helping me.
As relation ship manager cheated me and made so many transaction without informing me and against my wishes which results loss to me.
Deepak kumar Singh Rana's reply, Aug 23, 2016
Hello Akash Jain,

Have you taken any action against kaynet. I too was cheated by their broker and relationship manager. Please share your contact number. I want to call you.

Regards,
Deepak
Hi.

I too got cheated of my money by kaynet. I think, their modus operandi is same. The broker makes unneccessary and unauthorised transactions and then you loose money due to loss suffered. Something needs to be done about it or else they will continue to cheat people.

They are a big fraud.
Abhishek Vats11's reply, Feb 22, 2017
Hi Deepak,

My self Abhishek Vats. I too had suffered loss from Kaynet company of Rs 1, 08, 000 in just 1 month. The broker (Afjal Khan) invest my money without my permission / confirmation due to which I am in loss of Rs 1, 08, 000 in just 1 months and now he has left the company. My total investment was INR 1, 20, 000. Now I just have Rs.12000 in my treading account.

After reading all the complaints from the different investor it seems that this is all per-planed and intentional.

I believe we should take a serious action on that. If we rise a complain on the consumer court or other related legal platform in the MAJORITY then we could defiantly get the batter results.

My contact number is 9873542651. You can call me regarding the same.

Even I am appealing all of you who having the same concern with the Kaynet Company to gather in a group and take an action.

Thanks
Abhishek
Hi,

My self Abhishek Vats. I too had suffered loss from Kaynet company of Rs 1, 08, 000 in just 1 month. The broker (Afjal Khan) invest my money without my permission / confirmation due to which I am in loss of Rs 1, 08, 000 in just 1 months and now he has left the company. My total investment was INR 1, 20, 000. Now I just have Rs.12000 in my treading account.

After reading all the complaints from the different investor it seems that this is all per-planed and intentional.

I believe we should take a serious action on that. If we rise a complain on the consumer court or other related legal platform in the MAJORITY then we could defiantly get the batter results.

My contact number is [protected].

I am appealing all of you who having the same concern with the Kaynet Company to gather in a group and take an action.

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    a-213, n- Block shalimarbagh
    Delhi
    India
    0114785461
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