[Resolved]  Religare Securities Ltd — Complaint against religare securities ltd for the illegal trades had done without client’s consent in client code: rk11590.

such activities on the part of rhe relationship manager & branch manager is highly condemnable &
deplorable not only causing financial loss to the customer rather damaging the reputation of the co.
as well, so such staffs need strict action & taken action be widely circulated so as not to be dared
by anyone to do such henious job.
to correct such practice regular transfer of the staffs at an interval of 3 yrs must be followed as in
govt & other public sectors .this will help in checking the temptation of doing some favour to few favourites & to avoid grnuine traders who donot have any mal-connection with the R.M. as well as the
Br.manager.
thanks & regards.
kailash thakur, retd.joint commissioner[kt-575]

kindly email this query to ashu.[protected]@religare.in or ajay.[protected]@religare.in as these people are responsible for thier employees and if they do not act in acordance with you kindly mail the complaint to sebi so that strict action will be taken against the company and you will get you money back too

I know nothing must have worked out with you.
This is for your Information that we have made a forum where we are filing an FIR in the Economic Offence Wing ( Crime Branch ) and with Home Minister as the matter is involving more than a crores of Rupees and we know that it is just a tail of the elephant. Now, We are already many victims / complainant and i am sure more will join at the time of Investigation / Case. If you want you can also join us in the fight against the Religare. We are also in the process whereby we will be involving the Media also in the exposure of the Religare Scam. Arbiteration is a platform that is utilised by the Brokers for favouring them and against Investors. Pls. ask for the results you will observe that Investors rarely get the award in there favour.

The draft of joint complaint to file with Economic Offence wing is attached for your perusal. If you also want to put forward your case whereby they have cheated you or done fraud or criminal misappropriation you can send the complaint to me as an attachment or hard copy and Together we can fight and will be in strong position to win else no use to. We will take up the matter in the civil as well as criminal court.

If you know others as well they all can join us so that it will be a good pressure on them to Refund the money to all o[censored]s.

Looking forward to an early Reply.

Thanks,

SACHIN BHARDWAJ
[protected]@yahoo.com
Mobile –[protected]
A2/ 116, Sec- 5, Rohini, Delhi

Religare — Utilisation of money for trading without my permission

I have opened a demat account in Religare in Nov 2010 with id -SS19381.I gave 20000 to my dealer for trading.The dealer without my consent traded and as result the whole amount is gone.I want my money back,as with whose permission he traded .Now when i am calling he is not even picking his cell.I really want some strict actions to be taken against such dealer and refundment of money.

Hi
I am also a vivtim o[censored]nauthorised trading in my religare securities account.I need to know that how we can take a legal action towards the company to recover our money with interest and brokerage.

Thanks
neels

Had a similar bad experience with Religare. Save your hard earned money - STAY AWAY from RELIGARE