Bma Wealth Creators Complaints & Reviews

Earlier above company opened my D-Met account, here at Kanpur, UP. . As per discussion they told to give a cheque of Rs 2000/-, in which Rs 1000 / - as Brokering Charges and Rs 1000/- as Balance for me to purchase shares at initial level . I am new in this concern that's why Rs 1000 as balance I was wanted to have to learn the stock market investment and other things. But, when I got my account details and approached them to get initial assistance then they told to deposit more money due to having no balance in my account. I apposed and told to recall that I was given Rs 2000/- in two heads- Rs 1000/- as Brokering balance while Rs 1000/- as Balance to purchase share or learn things at initial level. The representative at Kanpur Mr Ajay agreed the recall but told no option else to deposit more amount. Their head authority was giving wrong information about the done activity on my own consideration, which is very disappointing . It is very cheating incident that's why I suffered and got mantle harassment . Now I need back my whole amount along with desirable penalty flooding me. My Clint ID is[protected], and Dp Clint Id is - [protected] . Kind help is Request My End. My Name- Dharani Dhar Dwivedi, Mobile - [protected], email- [protected]@gmail.com Address :- 14 / 73 VIP ROAD, Civil Lines, Kanpur

Bma wealth creator & mr.Vaibhav mehra, bma wealth
Creator, br.Head, sec-3, noida is a big fraud, cheater, uses
Abusive language against women customers & threats me not to
Complaint against the frauds done by him in my bma
A/c[protected] by playing rs.1, 00, 000/- loss in f&o market
Without my consent, information as i have no knowledge of
F&o.
Charging excess brokerage rs.25000/- till date, no bills, contract notes sent to email id, address change, email updation not done since doc. Sent in dec 2013.
Several emails, tel calls vide endless reminders sent
Since 7 days

Subject: - Complain Against BMA WEALTH CREATOR AND ITS EMPLOYEES
Regarding Cheating, wrong commitment, and Mentally & Financially Harassment

My name is Sanjeev Kumar i have Open account in BMA Wealth Creators Sector 9D
Chandigarh Branch. On 13/7/2014 .i have deposited 35000/- in Demet A/c
but Mr. Amit Sharma (Branch Manager) Sector 9D Chd. and Mr. Nishant (Emp Of BMA) done an
unauthorized trading in my Account and my pay out becomes 14415/-. he done this without my any
permission. Now I want refund my amount 20585/- back.

My Amit Sharma Generate Around 9000/- Brokerage from my Account.

So my charges against BMA Welth Creators are:
1. Doing Unauthorized trading[protected] to[protected] on my account[protected]without
informing me.
2. Before or after trade nobody call me.
3. Not Providing Trading Software After 40 Days.
4. Nobody Tell me How To Trade After 40 Days.
5. Welcome Kit not providing After 40 Days
6. At the time of a/c opening i chose brokerage Plan for intraday 0.025 and delivery 0.25
7. but they charge 0.05 for intrday and delivery 0.50 for delivery
8. When I asked for repayment of the Loss BMA BM(Amit Sharma ) denied

So I Tell All People Don't Invest With This Complany. It is a Fraud Company

I have opened an account in BMA WEALTH CREATORS, which is a Service Provider of Stock Marketing. At the time of opening account i have paid them a Sum of Rs. 5,000/- through cheque payment. The company had taken this payment as an transaction advance. They informed me that when ever i am doing a transaction they will deduct some amount as Transaction charge from the deposit Payment. After opening the account i have not done any transaction till now due to some personal reasons as i was not financially able to invest in the market. The Company is sending mails regularly day to day the market conditions. Now i want to close the account as i was not interested to continue in the Investing Market. I sent a mail to the Customer care asking for ledger statement. They have sent a ledger statement, in which my deposit amount is not showing and it is showing a debit balance of Rs. 300/- that i supposed to pay. Then i have contacted the customer care for this thing, and i have forwarded my bank statement for the period, in which it is clearly showing that cheque has been relaised on the name of BMA WEALTH CREATORS for Rs. 5,000/-. But, Till now the company people are saying we have not recieved any money from you even though the Bank statement was sent. I require clear justification on this. Please help me in this regard. I have clear proofs of mails what the company had sent to me.

I HUMBLY REQUEST TO ALL THE PEOPLE THAT DON'T BELIEVE THIS KIND O[censored]NAUTHORIZED SERVICE PROVIDERS WHO WILL WORK ONLY FOR MONEY AND MAKING THE PEOPLE AS FOOLS.

i have opened my trading account with BMA. before signing they called me over phone and came to my office for plenty of times, but after opening the account they collected Rs 10000 as brokerage fees, there after no response from them. they are no even giving me the demo on how to use, no response for my phone calls. they are simply replying as they are busy as soon as free they will come and solve my all issues for more than 10 days. BMA wealth creators are white collar frauds. dont open account with them.

Hi,
REF : Customer ID : 20950001

With reference to the above mentioned customer id, I am listing out here with my grievances which I believe will be given due priority and acted upon from by the company.

a.I had chosen to get into commodity trading through your company with Suresh as sub-broker to trade on my behalf for which I had invested Rs.1,00,000/- in the month of August 2010. I was told that my registration with your company will be followed by dispatch of welcome kit and regular intimation through sms and mail with respect to trading. Unfortunately I had not received anything in the form of welcome kit which I suppose should have given me the details of log in and terms of contract with your company. I had followed up on the same with Suresh my sub-broker but turning futile. I had received updates through sms with respect to trading in my account for initial 10 days , which again seemed to disappear later. However no mail communications were ever received from the company on the same though I find that my mail id has been correctly recorded in your records.

b. From September till November 2010 I had not received any communication from your end which made me worried. My sub-broker also failed to provide any convincing answer to me hence I was forced to contact your office in Chennai located T.Nagar in the month of December 2010 which led to an alarming revelation that my Rs.1,00,000/- investment had stooped down to Rs.470/-(approximately). It was then I was provided with my log in id. But the pathetic part of the whole happening was when I had met your Regional In charge –Yesudas , he had no explanation to provide for non-dispatch of welcome kit or lack of communication through mail and disappearance of communication through sms. The guy was totally blank on anything asked.

c. Access to my login had resulted in another shocking revelation that Rs.45700 has been deposited on 30th Aug 2010 in my account without my consent or any prior intimation. This had been done through DD drawn on Canara Bank. When asked, Yesudas had only one thing to say that the sub-broker has done this on his will. Does this mean that any Tom, Dick and Harry has the access to misappropriate funds in a customer’s account without their knowledge and the Company has also been encouraging it, ignoring their customers interest and on other hand being greedy to fulfill your monetary ambitions.

d. Further to this meeting in the month of December with Yesudas, I had received a courier in the month of February (the first courier ever received from your company), which was a statement of my account transaction for February 2011. Yesterday that is on 7th March 2011 I had dropped in to your T.Nagar-Chennai office and met Yesudas and asked him to reason out the deposit of Rs.45700, and again no reasons could be provided by him.

With mis-appropriation happening to this extent, I hold the sub-broker and BMA Wealth Care responsible for the loss of my hard earned money. I have been deceived from the very day I had invested money with you by non-dispatch of necessary documents, lack of communication along with mis-appropriation of funds.

If the company after receiving my mail, still fails to take necessary action in compensating my loss I will be left with no choice but to approach MCX to sort out this issue.

Respected sir,
My demat account number is 13850036 opened in BMA wealth creators by Mr. Pandey who took an amount of Rs. 900 for opening the account and Rs.25,000 to credit it in the above mentioned demat account. The company's franchise in Bangalore then started dealings in my demat account by creating a password without my permission and knowledge. For last three months, I have been constantly contacting Mr. Pandey, who is either making some excuses or not answering my calls. I am not aware of who the franchise is and why the company has allowed him to deal in my demat account without my permission. I have recently come to know over a mobile message that my account balance is almost nil.Thus am lodging a case of FRAUD and HARRASEMENT against BMA Wealth creators, and I want my money back.


BY,
Mr. Suresh Kumar Choudhary,
C-17, BEML Officer's Quarters,
BEML Nagar,
K.G.F- 563115.
Mobile no. [protected]
Email; agarwalvivek.[protected]@gmail.com