Bma Wealth Creators — mis-use of trust

Address:

Hyderabad, Andhra Pradesh

Sir, I am Narayan Hari Agarwal and my ID 17580142 With BMA Wealth Creators which was opened after seeing adds on CNBC During Feb/Mar 2011. The following are the my queries which is not addressed at all by BMA office at Hyderabad (Tele No.[protected] & customer care of BMA. I have send query on 07 No 14 and on 09 Nov 14. 1. On 29 Oct 14 I sell SRF 100 share for intraday, and transaction was cleared in system with a loss of Rs 675/-. I do not know what happened after that. Mr Mahesh (in BMA office at Hyderabad Tele No.[protected] on 03 Nov 14 told me that it was not cleared on the same day . As far as I know intraday transaction have to be completed on the same day. If due to any reason it could not happened, why no one have informed me? I was unaware of this fact before meeting to Mr Mahesh . Why this was not purchased on next day? It was purchase on third day ie 31 Oct 14. Due to this I faced a loss of more than Rs 11, 000/- . 2. On 30 Oct 14, BMA office at Hyderabad gave me a call to purchase 1000 share lot, I ask them for profit & loss for this .As per them profit will be 7, 000 or loss 1400 is the maximum limit. Possibility is more for profit. They have not told me about brokerage charge of Rs 4, 000/- this means maximum profit 3000/- or loss 5, 400. Total loss of this transaction is Rs 5, 896/-. 3. On 31 Oct 14, BMA office at Hyderabad gave me a call to purchase 500 share lot, I ask them about 30 Oct 14 transaction but they have not told anything by saying I will come back but sorry to say till this time they do not come back. Total loss of this transaction is Rs 4142/-. 5. BMA office at Hyderabad have not given me any reply. I called them 6-7 times Friday on 07 Nov 14 and finally they talked to me and told to me, we will come back but nothing has happened after that. 6. I request to you to do some thing to recover the loss of more than Rs 20, 000/- 7. My mobile No. is [protected] and land line No. is[protected] at Hyderabad. Now I am at Hyderabad. Nothing has been done till date. Please guide me what to do.