[Resolved] SMC Global Securities Ltd — debit of 1500/- in my trading a/c without my consent. | |||
Sir, I m writing this complain on behalf of my client Mr. Chandra Bahadur Singh against M/S SMC GLOBAL SECURITIES LTD,NEW DELHI that they debited my trading a/c by the amt. of 1500/-rs for the purpose o[censored]sing Diet ODIN for current F.Y 2010-11(Online Trading Platform) without giving any intimation to my sub-broker or me (no sms,no email,no telecall).Neither me nor my sub-broker was aware about this recurring charges per year if we were aware about this charges we would have stoped or deactivated our this product in starting of March 2010 ! After having discussion over telephone and email ,SMC Global is saying "You may Close your Account bcos we will not revert your charges till you generate brokerage of 1500). Sir Kindly Help me to get my money back aftr that i will close my account from there.I am Victim of improper system of communication of Broker like SMC GLOBAL SECURITIES LTD.NEW DELHI. My Detail are: Vijay Kumar and Abhishek Kumar C/O Chandra Bahadur Singh Trading Client Code in SMC GLOABL: MGU0030 Telephone:[protected]/[protected] Amethi/Varanasi SMC GLOBAL's Concern Department Contact No :[protected] ext: 7401 to 7403. our complain Number in SMC GLOBAL : 485-159 Was this information helpful? | |||
Aug 13, 2020 Complaint marked as Resolved | |||
 5 Comments | |||
Comments
is there any law to punish these fraud, i also have same problem with IIFL.
Dear Sir,
I have read your complaint on consumer forum, I would like to tell you that this people are fraud and is doing such fraudualnt activities just not only with you but to many other people and also with those who are or who was employeed with them. I was employeed with them for more then 5 years as a regional manager and they took away shares of rs. 60 lakhs from my account and sold it after the market as closed.. i went to NSE and BSE but they are giving me the same answer as they gave to you.
i have also filed a law suit against them in Delhi High court and court has refrained them from further dealing in my shares.. as they have just sold 40 lakhs till date and rest of the shares are still lying the smc account.. over and bove they have debited by account with amount of 57 lakhs... without any kind of obligation or such so called debt..
it was only that, i was about to retire and was quitting from the job and they did not wanted to let me go out the company... I have also talked with the director of the company and he says that we cannot do so now.
For your complaint i shall advice you to go to NSE office near you and give a shouting fight to the emplyees.. this will help... Nse was not ready to take my case, as SMC had bribed them.. but when i took my frnds n family and literally shouted at them.. they did something.. and there is also a customer arbitration cell in NSE which provides money to you for fighting a case against the company... and if there coes more then 100 complaints towards the compnay they will shut down the operations of the company...
This people are fraud.. I am going to create an anti blog for this shortly.. hope u shall join...
you can contact me @ [protected]@yahoo.com
I have read your complaint on consumer forum, I would like to tell you that this people are fraud and is doing such fraudualnt activities just not only with you but to many other people and also with those who are or who was employeed with them. I was employeed with them for more then 5 years as a regional manager and they took away shares of rs. 60 lakhs from my account and sold it after the market as closed.. i went to NSE and BSE but they are giving me the same answer as they gave to you.
i have also filed a law suit against them in Delhi High court and court has refrained them from further dealing in my shares.. as they have just sold 40 lakhs till date and rest of the shares are still lying the smc account.. over and bove they have debited by account with amount of 57 lakhs... without any kind of obligation or such so called debt..
it was only that, i was about to retire and was quitting from the job and they did not wanted to let me go out the company... I have also talked with the director of the company and he says that we cannot do so now.
For your complaint i shall advice you to go to NSE office near you and give a shouting fight to the emplyees.. this will help... Nse was not ready to take my case, as SMC had bribed them.. but when i took my frnds n family and literally shouted at them.. they did something.. and there is also a customer arbitration cell in NSE which provides money to you for fighting a case against the company... and if there coes more then 100 complaints towards the compnay they will shut down the operations of the company...
This people are fraud.. I am going to create an anti blog for this shortly.. hope u shall join...
you can contact me @ [protected]@yahoo.com
SMC Global is fraud for sure. We lost about R.2, 00, 000 lakhs in about six months.
The agent kept us giving the wrong updates. If you are not a person with Finance background, its hard to read their statements.
Even a simple below kind of statement would be easy to read and helpful for the common man: (but no they dont reveal it as this)
Balance in account: xxx
Amount in Trade: yyy
Shares bought for amount yyy1, yyy2 is y1, y2 resp.
Amount when encashed now: zzz
The agent kept us giving the wrong updates. If you are not a person with Finance background, its hard to read their statements.
Even a simple below kind of statement would be easy to read and helpful for the common man: (but no they dont reveal it as this)
Balance in account: xxx
Amount in Trade: yyy
Shares bought for amount yyy1, yyy2 is y1, y2 resp.
Amount when encashed now: zzz
Fraud and Looter. Never ever open any account with this fraud company. They have looted my 1 lacks money in 1 month. They are master of cheaters.
This smc global and his employee are fully frauded.
They traded client money as their own money.
They wanted only brokerage and nothing else.
There employee are also very trained.
They purchase share on behalf of client and when shares value down then they hands up.
There should be take action against these people and company.
Every scam has been punished, then why not punish like these companies