[Resolved]  Money Maker Financial — cheating to all people

Money maker offered me 2014 Diwali offer as crude tips for 1 year at 15000/-. but after 3 months tips have been stopped. I tried calling the company but not getting any response from there. they are fooling us.

this money maker financial company is fraud and yesterday this company called me for tips in stock market. so i told him to give me free trial for one week and than i think for your subscription. but rahul, this company's gent we cannot give free trial for one week but we can give u one day trial and we earn u 30000 rs. in one call in one day. so i told them ok. on friday today his other agent call me for one call for jswenergy but this stock not work proper than they call me for squer up position in jswenergy and i lost 1200rs. in this trade. than he said me that i give u another call and u earn[protected] rs. in this call. than they( gajendra ) onother agent for this company MONEY MAKER FINANCIAL . he give me wockpharma at 1550 for 3-4 lot for buy but i bought only 500 share of wockpharma. but this time they give me target for 1580 and stoploss 1532. and stoploss trigger at 1532. and now they not receive my call. and my total loss for this fraud company MONEY MAKER FINANCIAL 10200 rs. in one day. so pls beware for this company and also for other like this company. so pls help me for what can i do for this company complaint. MONEY MAKER FINANCIAL. i just call now on mobile but other person tell me that gajendra LUNCH LE RAHA HE. ye faltu log compney ke dalal.
fir call pe dusra aadmi bol rahe he ke apka hum cover karva denge. FALTU, FRAUD COMPANY MONEY MAKER FINANCIAL.
PHONE [protected], [protected], AND AGENET NAME = RAHUL OR GAJENDRA

all fraud

Dear All,

This is Nilesh from Indore (M.P.) - Money maker fraud

Those who were taking tips either from Money Maker Research PVT. Ltd or with any other Research company please send me your completed details along with city name and your mobile number and loss incurred and since when you were trading and how much you have paid for the service( Plz Provide maximum Details as much you can).
I am also a trader like you all and incurred heavy loss with their fake trading calls please don't hesitate to share your feedback.

Its time to raise your voice !!!

I am planning to do some legal actions against them and I want your help and let them not cheat any others like us.
We can save others and their money which is earned through day and night work.

We will merge all details and submit a joint complaint against them either in consumer forum or in Police Statation or in District court or we may report to media also.


Your suggestions are most welcome !!!

Let us join this time


Yours,

Nilesh Tiwari
[protected]@yahoo.co.in
+91 [protected]

Kind Attn Mr. Mr. Ajeet Shukla & Divya Sharma, ( Money Maker Research Pvt. Ltd.)

I have some doubts over what kind of services are being offered to me and who is the adviser appointed for me to handle my profile.
Also as per THE GAZETTE OF INDIA EXTRAORDINARY PART – III – SECTION 4 PUBLISHED BY AUTHORITY NEW DELHI, JANUARY 21, 2013
SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 21st January, 2013 SECURITIES AND EXCHANGE BOARD OF INDIA
(INVESTMENT ADVISERS) REGULATIONS, 2013

CHAPTER III
GENERAL OBLIGATIONS AND RESPONSIBILITIES
General responsibility. Section 15 (2) states that
An investment adviser shall not receive any consideration by way of
remuneration or compensation or in any other form from any person other than the
client being advised, in respect of the underlying products or securities for which advice
is provided.

And

Risk profiling.
16. Investment adviser shall ensure that, -
(a) it obtains from the client, such information as is necessary for the purpose of giving
investment advice, including the following:-
(i) age;
(ii) investment objectives including time for which they wish to stay invested, the
purposes of the investment ;
(iii) income details;
(iv) existing investments/ assets;
10
(v) risk appetite/ tolerance;
(vi) liability/borrowing details.
(b) it has a process for assessing the risk a client is willing and able to take, including:
(i) assessing a client’s capacity for absorbing loss;
(ii) identifying whether client is unwilling or unable to accept the risk of loss of
capital;
(iii) appropriately interpreting client responses to questions and not attributing
inappropriate weight to certain answers.


So request you to please provide me my previously done risk profiling and as on today i have incurred loss around more than 4 lacks(details can be produced)
So please inform how you have done my risk profiling as I can not afford that much loss and why you always provide trade calls having less fundamentals and every time a new executive is calling and assuring that he will recover my loss and few of them are Ms. Pooja, Ruchi, Kirti, Vineeta, Mohan, Dheeraj, Sanjay etc

Also it is clearly mentioned in your website KINDLY NOTE MONEY MAKER RESEARCH PVT. LTD. DO NOT PROVIDE ANY PROFIT SHARING SERVICES.

So how they have charged me for profit sharing basis(Details available)

So requesting you to please appoint some experienced research executive to handle my profile and please respond to my plea and refund excess payment received from you and It is observed that you are not complying with the SEBI investment advisor act of 2013 strictly.

If I will not get proper justification or classifications i am bound to approach to other concern higher officials.

P.S. I am having all proofs and details and can be produced whenever required.

Cc.: SEBI, Mumbai

With Best Regards,

Nilesh Tiwari
+91 [protected]

Hello Guys,
This company has cheated a lot of people like me. The worst part is, they charged me for one year and gave me service for one month. Forget about the profit, they don't even know how to trade. These guys are Fraud.
I am ready to take all the actions necessary.
Plus I have a suggestion to hit them hard where it matters most and that is Marketing.
I am planning to start a website which will clearly talk about how this company is cheating us. I will need a stories from all of you. We will make the site so popular that whenever someone searches for Money Maker Financial, the first link will belong to us and the title will be Money Maker Financial is Fraud. This way they people will know not to make payment to this company.

Second suggestion is the Police Complaint and legal complaints. I don't think that will help much, but still we will do it. Contact me in thru. email if you want any kind of help at fun4mobiles(at)gmail.com

this company is froad.
this is big cheating company.
donot trutsted on this company.
please.

Most non-sense company to loot common people. They will start with free trial then common package and then HNI package and then more money they will drag from you. Once you will stop paying they will stop all of it and will say 'Your file is pending Sir, as you have not paid anymore amount'. I am searching a way to file a consumer case against them. Remember the name - 'Sashidhar Gautam', 'Rahul Agrawal' most utter nonsense people I ever know. Please stay away from them.

Here is the financial killer -

Money Maker Research Pvt.Ltd  
Financial Consultant
Address: 73, PU-4 A.B. Road, Vijay Nagar, behind C 21 Mall, Indore, Madhya Pradesh 420001
Phone:[protected]

I recently paid 15000 for the one month HNI Cash Service and the day i send the payment, the calls are stopped, they will help you till the time they think there is opportunity for getting money but if they sense there is no money coming up now, doesn't matter how much you bark.

Regretting big time for taking this service especially because i ignored the complaint blog assuming that as fake.

Hi,

Alert, Mr Rohit Mishra and Akshaya, who called as senior most researcher himself . Assigned me to give the stock calls last year budget section . he trapped me 1st saying give me some amount 5000 only budget section, will give profit up to 20000 in a day . So paid 2500 and said will paid rest after profit . Next days made me a loss of 80000 . when asked they said you have not taken premium service, so calls are not surety based they called as HNI . You go for HNI and get 100% surety calls . I paid to them 30000 . next days he make only 20000 and day day again loss of 75000. loss made more than profit . After 10 days once day he made me 1, 20, 000 loss in 30 Min . So stopped working by using slang to them .A the end paid 65000 service charge and mad loss 256000.You can think of that.

Another beauty of Rohit.He will say target will come within 5 or 10 days or even 1 days, when ever some stocks will go more -Ve . He will say take my work if loss i will pay from packet to get confidence, filially with frustration you have to book loss .He has no idea about the time frame . He will as to a bid in all the risk shares hoping to get little benefit .Please don't believe him by his word .

Another Beauty if you argue, he will leave you in the middle, if you have some position, he don't care about his losses.If you have any doubt .I ask me, i will share my number and with proof .

Some example of his losses in 2014 .
quantity B.Price S.Price loss/profit
JUSTDIAL 4500 1, 368.80 1, 341.51 -1, 22, 798.65
JSWSTEEL 1500 1, 021.00 982.73 -57, 397.65
GLENMARK 3000 857.53 842.55 -44, 944.80
HDFC 1500 1, 338.11 1, 321.31 -25, 202.40
INDUSINDBK 1700 875.24 862.20 -22, 163.41
JUSTDIAL 4500 1, 368.80 1341.51 -1, 22, 798.65
WOCKPHARMA 1000 1, 825.04 1, 802.10 -22, 938.80
Some example of his Profits not more than 22000
BHARATFORG 1500 1, 295.37 1, 303.60 12, 347.10
BATAINDIA 2000 1, 267.83 1, 273.29 10, 929.00
LUPIN 7855 1, 849.10 1851.95 22, 407.33

I shifted to deliver based Trading in 2015 again same thing . I took loan and paid interest for that Guy .Stopped he stop in middle when i use slang
NifyOption 1000 75 18 -57000
Infy[protected]
Infy(Future) [protected].5 -6500
WockardPharama(Future)1125 1607 1591 -18000

Hi Guys,

Well I am not agree with those negative comments on money maker. I am taking their services from past 7 month and every time I got handful profit at the end of the month.
Although their commodity services are not up to the mark (well I dint take any services in commodities) but they are really very good in equities.

Thanks for advice...

Today i get call from them from - [protected]. and ask for 20, 000/- and when i ignore then then they ask for 5000/- for trial. They are so beautiful in phone marketing. so please be alert.

Thank you
Dhagash Modi
[protected]

I Lost 2, 50, 000 and paid 65000 service fee . They are simple cheating . Their calls are not perfect . Don't think of taking calls . They usually change number quarter wise .name Akshaya and Rahul Mishara . Always giev you faith to they will pay for any loss . So they will never do that .

They are totally fraud co.

Poor Service

Money maker is only interested in ur money. They dont pick ur phone. Even dont tell u when to exit so it happens ur SL will hit. Very poor service. So pls dont go with it save ur valuable money.

Entire company is fraud including compliance team. Their founders don't have courtesy to reply emails. I have proved them with recordings that information given was completely wrong regarding services. Have also demonstrated that levels given to me were not available on their website. In many cases even stop loss was not given. Features explained to me do not fit in any of their services. If customer complaints in between service that he is not happy then he has full rights for refund. Just waiting for right time and I shall ensure company and their owners are in big trouble. Meanwhile everyone please stay away from this frauds. Call me on [protected] and I will explain each one of you how this company playing with customers emotions and money.

Worst service. There is a guy called Sandeep. Who put me in loss of 40k and his pay of 22k . Total loss of 62k. He said one month package HNI and made me pay 22k charges . Later provided call that had to be holded for two to 3 days. Actual service day s were not more then two weeks as he took off due to his personal issues. Came back and made me loose again. Funny part is requested to make more payment to achieve his target. He still did not complete the days of service he was suppose to. Horrible people. I introduced two of my friends and no i am ashamed I got them to this fraud company.

Very poor services.
They have no manners for communication.

Dear Sir last week I made the complaint regarding your company Executive Mr Virendra have cheating me. but till today there is no response from your side. so I once again requesting you to refund my total loss amount ie. Rs.17250/- at the earliest. if you are failed to show your interest in this regards, then i have no other way to approach a higher authority. Sir I hope you will do the needful & oblige.

Thanks & Regards,
Mr, Dayanand
[protected].

Mr. Virendra is cheated me under your banner