Alice Blue India Complaints & Reviews

Sir, Sub : Cheating of Investment amount, criminal breach of trust by Mr. Karthik ( Team manager) & Nishok ( Franchisee) of Alice blue commodities Ltd at T Nagar office. I have the honor to state the following few lines for your kind perusal and initiate suitable criminal action against the sub Mr. Karthik Team Manager of Alice blue commodities approached me for investment in Equity/Commodity Trading, due to Livelihood I have invested Rs 50000/- in Alice blue company on 15 May 14 by cheque at his office in T Nagar for investment in shares, To my surprise without my order and knowledge, He instructed the dealer/Franchise to trade in my trading account. As I was out of station for brief period, I have received SMS regarding intraday and loss on that trade, Immediately called Karthik Team Manager and complained about the loss and don’t misuse of my account, More over I communicated through SMS several times to Mr Kartik He assured to close my account and credit my Investment money Rs 50000- immediately on 18th Aug 2014 resulted in vein and futile. On 20 Aug 14 complained to Hemnath RM of alice blue for non credit of my account by Karthik team manager. He confirmed that, my mapped in franchisee Mr. Nishok has traded on his own and cheated my hard earned money. In view of captioned facts and circumstances stated above, I request your office kindly register a case to recover my hard earned money Rs 50000 at the earliest and initiate suitable criminal action against them for ulterior motive to cheat the investor hard earned money and criminal breach of trust by Mr Kartik Mb ; [protected] and Nishok Mb : [protected] Yours truly, ( R. Suresh Babu) Copy To : 1. NSE, Chennai. 2. SEBI Chennai 3. Commissioner of Police, Chennai

Dear All, Alice Blue Clients Please Closed your All Alice Blue Account & Franchise Totally Fake & Fraud Company All Employee is fake & not refund Franchise Deposit & Clients Payout Any Time Charges for Extra TM74 our franchise code Fake fake fake Alice Blue Commodities Pvt Ltd. Please Ignore this Company Alice Blue Very Fraud...

bad customer service:
I have invested nearly one lakh in aliceblue commodities, without getting permission from me thy traded in my account. now i have only 300 in my account. pls dont join. be aware..

dear sir,
I have closed my franchise and company is not refunding my security deposit and not picking the phone.so i want to tell all the people don,t invest in the company because all tamil company are fraud,and i will see these people in court.director--vijaykumar is cheating everyone and his company secreretry muthuswamy is also a big cheater.be careful they r going to close the company anytime.

Hi,

This is aswin . I HAVE 7500 INR IN MY MCX TRADING ACCOUNT. FOR LAST 2 MONTHS I SEND A REQUEST TO PAYOUT MY FUND. BUT STILL THERE IS NO RESPONSE AND PAYOUT THE FUND ALSO. I THINK ITS A FRAUD COMMODITY BROKER. SO DONT OPEN ANY ACCOUNT WITH ALICE BLUE INDIA COMMODITY PVT LTD

Respected sir,
I am having franchisee of alice blue commodities pvt ltd, chennai.For taking franchisee i have deposited 2 lakh rupees .An agreement made between company and me for 12 month lock in period, now 18 months over .I closed my franchisee two moth before and they settle only 50000 rupees remaining fund they are taking time.From last two months daily basis i am calling to company they are telling next week they are going to settle, every time next week.but their next week is not comming and two months over.I have taken loan from other people for taking franchisee and now i am paying interest for that money, but they are not settling the fund.
kindly do something sir for refunding my money.

regards,
praveen singh
gyanpur, sant ravidass nagar, bhadohi.
uttarpradesh

sir,
i have taken franchisee of alice blue commodities pvt ltd, chennai.member of multi commodity exchange member id (35290).as per agreement they have to refund my security deposit while closing.three months before i close my franchisee but they are not refunding my fund.I talk to the director of company mr v.vijaykumar, he told to me what you want to do you can do but we can, t give your fund back.my deposit amount is 20000.
help me sir for getting my fund.

regards,
sandeep singh
staff quarter dumanhill, chirimiri,
dist-korea, chattisgarh.