[Resolved]  verisign inventures pvt ltd — Cold attitude from Verisign

Address: Maharashtra

Hello,
I have invested in Verisign inventures, Malad since last July 2010 under mutual agreement that they would pay [protected]@ 10% every month. But from 26th Feb 2011, they have not deposited any return so tried contacting them. It looks like they have changed all their numbers, office staff not attending client calls. The contact persons were Urmi and Joshi (Accountant). On 1st March when I called on Joshi's number, Urmi said they were auditing was going on and hence they would credit on 8th March. Since they did not credit on 8th March, again called up office. Some office boy said staff is busy in meeting with clients in the ofice and cannot talk to me. I told him, I was also a client, and his reply was that the clients in the office were more important than me.
I heard(not verisign) they had called clients who had invested big amounts to their office, organised meeting of big clients (only 10-15 of them) with Directors and pacified them by saying that they would credit double interest into their accounts in the first week of April. The reason given to them was that because of market losses, the delay. But yesterday I heard (not verisign) they are winding up their business. Very well planned ! What if they leave the country? As someone from Verisign officde also said they were into expansion plans in Dubai.
What about other investors? Why were all not called for their meeting? When I invested, Urmi had said they had 5000 investors on their record. Why are the other investors not complaining or taking action. Or if they are, what should I also do now?
So, whatever action has to be taken, is to be done very very fast. Please advice. urgently. I am a hypertension patient and my pressure is rising worrying everyday.

MG
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Aug 13, 2020
Complaint marked as Resolved 
 
698 Comments

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Cheques for HDFC and ING Vysya both have been dishonoured. Deposited on 25th as there was no communication from Verisign. I have a strong feeling that these guys do not have any intention to pay the money back and they are just deliberately dangling us and buying time for themselves. If Sunil Joshi really wanted to pay us back (since he took the meetings and promised everyone) he should not be hiding like this. Also feel that the staff was in on this whole scheme including the accountant. They were aware of everything because they had access to the system and knew what was going on. They are claiming that they have invested their own money is all crap. This is completely smelling of a big CON.
Wat is mandars emailid
Hello, Mr Mandar, please keep us updated of the comments from Sunil Joshi...
Dear Roch, exactly my way of thinking also at least the main staff were involved Urmi specially knew the situation and the money has dried up in the bank even after that i was asked to invest and i did...some one took all the money out...Punishment has to come to all any latest news please post here specially Mandar, John, Nizam...
Hello Anybody,
any updates
who have any knowledge of low, in low there is any action we can do that "they all not go outside of County" if anyone have idea about that please post here means we all investor take that action...
i think they taking 2 day time because after 2 day office lease agreement is over...
Interesting if they are in the country, what i feel is they will pay some investors who will keep quiet,
I have already started investigation and i have started to contact some people i know i do not see much help from here in this forum...lots of people who talk more than they can do any action in time i will have information about where they are etc...i hope they pay me back quickly before i get to them, if i get them first i will no longer require my money, will be happy to just get justice to the directors and all others including staff who have cheated me...hope Buppa helps Sunil to return the money in time.

"You can fool most of the people all the time, but you cannot fool all the people all the time"

"Be weary of the quite ones they are the most dangerous"
As investor.bombay said: "Last information received was that Joshi is willing to pay 70 % of the investments made and for that we need to wait till the 5th of May. So many investors are of the opinion that we need to wait till the 5th. We need to have a unified approach so that things work out smoothly"
I am also of the same opinion that " I am much much satisfied even, if, I get 70% of my invested amount from Verisign Inventures Pvt. Ltd. Mumbai because you know for me 70% is a lot better amount than big 0%
[protected]@yahoo.co.in
If i remember correctly, I do not remember having said Joshi is willing to pay 70% of our investments. And if I have said it anywhere, I am sorry to have made such a statement. I just want that we all wait and be little more patient to recover not just 70% or 80% but to get back 100 % of our hard earned money.

I HOPE THIS CLARIFICATION IS ENOUGH TO PUT AT REST ANY RUMOUR OF THE PERCENTAGE OF THE INVESTMENT THAT JOSHI IS WILLING TO PAY. WE NEED TO GET BACK 100% SO LETS BE UNITED AND FIGHT FOR THAT BUT IN A ORDERLY AND QUIET MANNER AND WAIT PATIENTLY FOR THE NEXT FEEDBACK FROM MR. MANDAR, WHO IS OUR WINDOW OF COMMUNICATION WITH JOSHI AT THE PRESENT.

INVESTOR.BOMBAY... 28 APR 2011 @ 20.00 HOURS.
Dear all,
I am not stopping any of my proceedings, i dont want to be delayed my cheques are already bounced and i have sent a written legal document and will arrange for FIR soon (With some contacts)...I will stop if i am clear how the money is being paid when where etc... the 70% is just a story and i do not want to be a fool this time, those who are happy with 70% good...so be it you will get 70% i need full 100% since it is my dead Fathers 40 years of saving...If Sunil does not return this he will be at loss.

What does every one expect on the 5th May? the money? or a communication that Sunil saying Buppa is going to pay when you go to your next life?

Regards
Kitu, Totaly agree with you ..
I have been of the same opinion that sunil is just buying time and we should not break our head anymore in finding out what their intention may be . Again let me be blunt in saying that Sunil has just thrown one "Haddi " to all o[censored]s (dogs). Even Sunil may settle with few o[censored]s so called "biggies" to shut the case.
I mean to say that anything can happen now as Sunil has realised that he can easily break unity amongst us. He is typically "Gujju" business minded person(with due respect to all my gujju friends...no hard feelings please)
If we all are under impression that everyone is sharing everything then it is wrong and it is not mistake on part of anybody. It is question of hard earned money by all o[censored]s and everyone will try to safeguard his or her interest.

Hence I strongly of the opinion from the begining that nothing worst will happen now if we file FIR with Police station. We have already lost our money. If we file complaint in a group then it will have more weightage.
lets not fool ourself anymore and each one o[censored]s should come out and complain.
Based on the silence in this site, it is now being assumed by everyone that there is no information from Joshi. I also do not know or have any feedback or information to share with anyone. Now that patience is running out, I think most of the investors are now waiting for the last and final date that was earlier given by Mr.Joshi of 5th May. Once this deadline passes off, I think the only way to recover our hardearned money is to approach the Police and EOW. I just wish and hope and pray that Mr. Mandar, has some feedback or information and some good news for us before the aggrieved investors approach the police and EOW.

A very sad, disheartened and aggireved investor of Verisign.

Invesor.Bombay 29 April 01.30 hours
As decided by everyone we will wait till 5th ... what ever may b the circumstances and the fact, lets give a last ray ofhope and wait till this final decided date .
Dear All,

Whom so ever is not able to reach the police station or is worried about procedures please find below the numbers of all senior cops just add 022 as mumbai city code and +9122 if calling from abroad.
these numbers and more details are available on this site

http://www.mumbaipolice.org

C.P. 22620826 22613552
Jt. C.P. (L&O) 22624405 22655010
Jt. C.P. (Admn.) 22620879 22620138
Jt. C.P. (Crime) 22620406 22620557
Jt. C.P. (ATS) 22671581 22671581
Jt. C.P. (Traffic) 24954443 24927234
Addl.C.P. (S/ R) 23080023 23080024
Addl.C.P. (C/ R) 23782636 23719267
Addl.C.P. (E/ R) 25230893 25221299
Addl.C.P. (W/ R) 26402122 26408688
Addl.C.P. (N/ R) 28854625 28854643
Addl.C.P. (S.B.) 22621763 22655011
Addl.C.P. (P & S) 22611569 22655075
Addl.C.P. (Crime) 22621220 22621179
Add. C.P. (EOW.) 22625028 22672770
Add. C.P. (ATS-I) 22671581 22671581
Add. C.P. (ATS-II) 22620043 22626994
Addl.C.P. (A.P.) 24146066 24145613
DCP (Zone-I) 22620453 22671408
DCP (Zone-II) 23073663 23010524
DCP (Zone-III) 23700608 22671408
DCP (Zone-IV) 24021101 24018333
DCP (Zone-V) 24976960 24976960
DCP (Zone-VI) 25229303 25222163
DCP (Zone-VII) 25645228 25928383
DCP (Zone-VIII) 26508381 26540101
DCP (Zone-IX) 26422042 26453700
DCP (Zone-X) 28367767 28221859
DCP (Zone-XI) 28903899
28904197

DCP (Zone-XII) 28943200 28923777
DCP (Port Zone) 22611620 22611620
DCP (HQ – I) 22620043 22626994
DCP (HQ – II ) 22678751 22678751
DCP (Traffic - City) 24937031 24937031
DCP (Traffic – H.Q.) 24924734 24924734
DCP (SB - I) 22701177 22618846
DCP (SB – II) 22621169 22620721
DCP (Protection) 22652767 22655075
DCP (Detection) 22620960 22612830
DCP (Preventive) 22612090 2269.202
DCP (Narcotics) 22162308 22166303
DCP (Operation) 22665818 22623196
DCP (S.T.F.) 22620474 -
DCP ( L. A. – I) 24168526 24145613
DCP (L. A. -II) 24939344 24939601
DCP (L. A. – III) 24929970 24929970
DCP (R.C.P.) 24166770 24145613
DCP (M.T.) 23086838 23086686
DCP (Wireless) 22831565 22831565
DCP (Enforcement) 22692515 22692515
DCP (ATS) 23097755 23083223
DCP (Mantralaya – Security) 22023266 -
Commissioner of Railway 23088634 23093883
Commandant CISF (Airport) 26164822 [protected]
ACP (PRO) 22620136 22620332
ACP (CRO) 22641440 22633319


hope this info helps.
We will only wait till 5th of May, then we will call all the numbers and try to highlight this issue as much as possible, we are very frustrated now.. aren't we?????
Hi, sharma1225 you mentioned that you work with HDFC, please keep a close watch on the account of Verisign and please inform us about it as well..Thanks..
looks like no one has anything to say Arjun,
Its typical in cases like this...the psychological game played by crooks like Sunil...one thing for sure i will catch him it will take some time but i will and i will share the information once i have done that.

rgds
Does anyone know of any MLA/ MP/ Police who has invested in this scheme. The matter can be expiated then!! I know most/all the money would be black but still, conditions might be a bit different if some1 with political clout is involved.

The person need not make his comment here openly, but can start some background work. Agents who are reading this and know that there is some person with political contacts in their list, pls expiate!!
The site is gone silent but remember all investors are working hard and finding out ways to get back our hard earned money, discussing with their advocates, other sources etc. I would just like to inform that we are unofficially in talks with a high ranking police official who has promised to help us get this matter resolved once we decide to approach them officially. So this is the last deadline for which we are waiting. To wait for Mr. Mandar to confirm about what news / mail / and feedback he has from Sunil Joshi as to repayment of our capital money which I think is tonight or maximum tomorrow morning. If there is no news or no information coming forward by then, then I am sure all the investors are just waiting to approach the police officially and lodge the necessary complaints etc and complete the procedures required before the police authorities start to initiate their investigations and proceedings.

SO LAST DEADLINE .. IS TILL TOMORROW .. FOR WHICH WE WAIT...
friends, i got to know that all investors are meeting tommorow at 1pm at verisign office and then proceeding towards dindoshi police station to lodge the official complaint.

plz do come at 1pm tommorow with xerox copies o[censored]r agreements/termination letters and copies o[censored]r cheques. media is also expected to cover the whole issue tomorow, so do come in great numbers, our complaint should b joint and several.

thanx n see u all in person tommorow at 1pm.

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