Comments
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
I totally agree with you.
Even we had the same problem, stopped trading with SMC global. Whenever we see the ads on the first page of Economic Times, infact the blood boils to read, india's top brokering firm.
Only we knew how they got to the top by paying for ads from our hardearned money.
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
Even we had the same problem, stopped trading with SMC global. Whenever we see the ads on the first page of Economic Times, infact the blood boils to read, india's top brokering firm.
Only we knew how they got to the top by paying for ads from our hardearned money.
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
I agree with you. In your case NSC or SEBI will not give favour to you, it is only court who can help as per my judgement.
this company is fraud for sure. i am the latest victim . it seems the racket is being run by hand in gloves with some govt officials
the worst part is that even pnb is offering there services as there official partners for demat accounts. somebody must file and rti with pnb, icra, sebi, nse, bse as to why pnb is promoting this company as there official partners ??? and why after so much complaints sebi is not cancelling there license?? and why they show the icra logo in there website ??
I was one of the customer of SMC global and you would not believe that i have faced the loss of 60 lakhs.. they all sitting in delhi are so pathetic people that they have deaf ears.. Even they give bribe to the authority like NSE and BSE so that they do not interfere in such cases.. I have also met many other people, who have lost lakhs n crores of rupees in this company... I am in plan to make an Anti Blog for this company..