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[Resolved]  moneypower.org — transactions

Moneypower - dont invest in this.... it is not a trusted company. any thing can happen as below steps.

Step1- The amount cannot be transferable
Step2- The amount may not credit monthly
Step3- They can block the website
Step4-You cannot contact the Help desk
Step 5-They will ask you to change the website.Similar to Ascend Forex.
Step6- You may not able to climb the deposit
Step7- Dont believe the trusted one when you are investing.

If you have the answers for the above questions and it is possible to face the risk you can invest in this.No one is responsile for your Money. Save your money in a bank or in a fixed deposits. it will make u comfortable. If you invest in this, each day you have to feel the preassure.Allready we know lot of persons are cheated by these type of investment. Be aware of this and pls inform to your friends also.

Thanks and regards,
Yuvaraj.R
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Complaint marked as Resolved Aug 14, 2020
Complaint comments  8 CommentsShareTweet

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this month till than not credit money in my bank account.
The company agent says "the money power company has obtained non banking trade licence in india, this is a great security to the custumers." can we trust these words? Why?
MARRG RETAILERS INDIA IS A GOOD COMPANY .THIS COMPANY IS A PRODUT BASE COMPANY LIKE AMOAY .&THIS COMPANY RETURNS MONEY AS FIELD ALLOWANCE MFA EVERY MONTH ITS SIDE WWW. NAVAMARRG.COM & VERY GOOD PLAN OF THIS COMPANY MATRIX BASE PLAN IF ANY BODY WANT ABOUT PLAN COTACT [protected] SURENDRA SAHOO
these people are trying to con us, why the hell they cant give the money back if they are not able to manage it in the right way.i am gonna go to my extreme to sue these people, not just with the local support, i have even spoken to politicians in the central sector, and even informed the cyber crime about these issues...
investers lets hope for the best...
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DEAR ALL MY MLM FRIENDS, GOOD MORNING.I HAVE A NEWS ABOUT NAVAMARRG.COM(marrgretilers India limited) THIS COMPANY IS FULLY FRAUD/CHEATER IN MLM INDUSTRY.BECAUSE THIS COMPANY ALWAYS MAKE BIG PROMISE BUT NOT REALISTIC S .ONES HE COLLECT BIG MONEY I.E 10...20 CR. THEN COMPANY FORGOT ALL COMMITMENT ON HIS SIDE AND ALSO PUT HIS MASTER MIND GAME PLAN (EX...-TARGET, E-WALLECT, MEDIA NEWS, CRIME BRANCH ETC.) FOR KIND INFORMATION IN SUCH TYPE OF OPERATION IS CONDUCTED ONLY 2 ..3 MEN ONLY...WWW.TRIDANT.CO.IN IS BIG BROTHER OF WWW.NAVAMARRG.COM ...SO PLEASE REQUEST TO ALL MY FRIEND PLZ KEEP DISTANCE IN SUCH TYPE OF COMPANY...
THANKS
MLMCUSTOMER
[protected]@GMAIL.COM
www.moneypower.co.in
Rite Heddge Credits And Investments Private Limited
2157 Guru, Arjun Nagar
Opp West Patel Nagar
New Delhi 110008

Our Bank
State Bank Of India
Ernakulam South Branch
Ac #: [protected]

One of my friends suggested me to invest in this Company in the month of Feb 2010. He promised that if you invest Rs.1Lakh, within 65 days, the Company will return Rs.2Lakhs. Accordingly, with full trust and confidence in my friend, I have invested Rs.1Lakh and in return the Company has given an agreement in Rs.50/- stamp paper saying that Rs.2Lakh will be returned after 65 days. Now it is more than 6 months since I had given the money to the Company and the return of my hard earned money Rs.2Lakhs nowhere in sight. I do not know whom to contact for the return of my money. Mr. Shakthi's name residing somewhere in Ernakulam is mentioned to me as the MD of the Company who is not all traceable.

Can any one suggest how can I get back my money. Is the Document on Rs.50/- Non-judicial stamp paper given to me has any legal value and valid in the judiciary.
www.moneypower.co.in
Rite Heddge Credits And Investments Private Limited
2157 Guru, Arjun Nagar
Opp West Patel Nagar
New Delhi 110008

Our Bank
State Bank Of India
Ernakulam South Branch
Ac #: [protected]

One of my friends suggested me to invest in this Company in the month of Feb 2010. He told me that this Company is a NBFC Company. He promised that if you invest Rs.1Lakh, within 65 days, the Company will return Rs.2Lakhs. Accordingly, with full trust and confidence in my friend, I have invested and in return the Company has given an agreement in Rs.50/- stamp paper saying that they have received Rs.2Lakhs from me, will be returned after 65 days with interest at the rate of 12% interest. Now it is more than 6 and a half months since I had given the money to the Company and the return of my hard earned money Rs.2Lakhs nowhere in sight. I do not know whom to contact for the return of my money. One Mr. Shakthi Prasad's name was mentioned to me as the Company's MD residing in Ernakulam who is not all traceable.

Can any one suggest how can I get back my money or the whereabouts of Mr. Shakthi Prasad, alleged to be the MD of the Company. Is the Document on Rs.50/- Non-judicial stamp paper given to me has any legal value and valid in the judiciary.
KRISHNAKUMAR A

September 18, 2010

The Managing Director
RITE HEDDGE CREDITS AND INVESTMENTS PVT. LTD
Room No. 172, 2nd Floor
DD Vyapar Bhavan
Kadavanthara
Ernakulam-782 020
CIN No. U65921KL2009PTC025093 ATTN: MR. BYJU KONNATH

Dear Sir,

Sub : Request for return of Rs.2, 00, 000/= (Rupees Two Lakhs only)
with accrued interest as per Agreement Undertaking dated
05/03/2010.

Please find enclosed herewith a photo copy of your Agreement Undertaking executed by you on 05/03/2010 to me. The amount was received by you on 26/02/2010.

I wish to notify you that as per the Agreement, you have undertaken to return the said amount with interest at the rate of 12 percent per annum after expiry of the tenure of 65 days. The stipulated date of 65 days completed on 3rd May, 2010 and I am still not fortunate enough to receive the maturity value as per your Undertaking given to me.

May I request you to please be kind enough to refund the amount with accrued interest in the name of Krishnakumar. A by means of Demand Draft payable at Thrissur or E-transfer the amount to my Savings Bank A/c.[protected] held in ICICI Bank Limited, Puzhakkal Branch, P.V.K. Complex, Amala Nagar, Puzhakkal, Thrissur, Kerala. PIN 680 555 under advise to me.

I would appreciate if you could kindly acknowledge receipt of this letter and take appropriate action to expedite the remittance at the earliest and oblige.

Thanking you,

Yours truly,

(KRISHNAKUMAR. A)
Mobile : [protected]
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