Cinema Capital Venture Fund — No refund of money as promised | |||||
My husband invested Rs. 10 L in CCVF in 2008 and we are still waiting for refund of our invested money forget returns as NAV is dwindelled down and returns are all evaporated. We had invested considered ICICI bank RM's suggestion. Now RM is transferred to some other location & bank is not taking any responsibility for non refund of principal amount from CCVF. Can this forum be help for getting our money back Thanks. Was this information helpful? | |||||
4 Comments | |||||
Comments
I had invested 10 lacs in CCVF. The management has been promising exit soon however there is nothing in sight. Leave aside returns, apparently even the principal appears to be lost. Looks like a big scam.
Reply
I too have invested. No new from CCVF. ICICI bank is also not helping.
Hi guys
just posting comments will not help. we need join together and see what needs to be done.
just posting comments will not help. we need join together and see what needs to be done.
ICICI wealth management team for fat commission cheated Investors who had invested in this fund based on their advice. They and the management should be criminally investigated. ICICI Bank should be disqualified for selling any Structured Product by the concerned authority.
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