[Resolved]  Integrated Enterprises — Lost my Money in 1 month

Address:Chennai, Tamil Nadu

I have opened a commodity trading account and Currency trading account (Client ID I1201B020) in Integrated enterprises on 29.01.2013. Though this is an online account, they did not make me aware that the power of attorney to trade on behalf of myself is part of the application and got signed on the application. With in one month the total loss made by them is 24,000 on commodity trading and 15, 0000 on currency trading (10 lots bought on option trading). In the commodity trading, they are making investment with out my knowledge and they have lost all my money in the market and charges. I am not well versed in the commodity or currency trading. In the mean time I met with a road accident, and I can't able to follow up their activities. This is a great loss for me. I contacted the compliance officer Loganathan, and he forwarded to some one in the office. And they are asking me to invest 25,000 more to recover my money back. I don't know why they bought in options trading in currency market's contract ends in Feb 28 2013. Really I don't know the terms they were using, as I am new to this. With in one month loss of 40,0000 is not affordable by me. I am finding is there any way get my money back?
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Aug 13, 2020
Complaint marked as Resolved 
Oct 10, 2013
Updated by bhaski17
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