[Resolved]  Rshe Securities (Angel Broking) — FRAUD, BREACH OF Fiduciary Duty

Address:

Mumbai Suburban, Maharashtra

Hi , my name is Krunal Sagar.
This is the complaint against my Local broker of Angel Broking Mr, Sunilbhai.
I had opened a Trading account no. K26173 a few years back and immediately after opening the a/c I had bout 10 shares of SESA GOA then. Which post split and bonus have currently become 200 shares. After this I have not done or initiated any transaction from my end on this a/c. A few months later I started receiving contract notes and also alerts on my mobile number regarding diferrent sales and purchases of securities on my Trading Account. So I went to my local broker and he told me that Sir you need not worry there is some Goo[censored]p that has happened because of which my details have been wrongly linked to some othere account and because of which I am receiving the Mobile Alerts and Contract Notes but My holding is as it is and Its going to stay unaffected and the problem would be resolved within sometime and he asked me to ignore all the contract notes and alerts that I receive. I was still receiving Contract Notes and Alerts so I visited him once again and he again assured me that this is an error. I also enquired with whether I shall contact my Regional head office of ANGEL BROKING to which he replied in negative, This continued for almost a year and half. I beleived whatever the Local Broker told Me. In November 2010 I went to my Local Broker through whom I had opened this A/C enquiring about my shares since I wanted to sell them off. To my utter surprise and dis-belief he told to me that all my shares have been sold off and I do not have any shares in my a/c when in reality I had not given any instructions to him to sell of my shares. MY SHARES WERE SOLD OFF WITHOUT MY CONSNET. I also spoke my local area head office at Borivali and they told me that only my broker would be able to help me but he is not helping me at all. I am tired of visiting him and he is doing nothing for me. So I want some action to be taken as I have lost my patience now because I had not gone to him because it was in my locality I had gone to him because of the name and goodwill of ANGEL BROKING.This is Cheating and Fraud and not tolerable. HE SOLD OFF MY SHARES WITHOUT MY CONSNET. Name of the broker is SUNIL. His agency name is RSHE SECURITIES and the address is Ground Floor, Neelyog Apartment, M G Cross Road No. 4, Kandivali West, Mumbai 400067.My email ID is krunal.[protected]@hotmail.com. Pls let me know if I can get any assistance in this case.