Dezire Research — unlawful profit making by fake & fraud by stock advice

Address:	Indore, Madhya Pradesh, 452001
Website:	dezireresearch.com

Dezire research started calling and said they will give us better return with their advice. They provided one week free trial advice. That was good around 80% were success.

Then they started asking for money, i paid them 3, 000 to start with. Then they gave an advice to buy a stock, that resulted in 66, 000 profit (Excluding brokerage & gst etc).

But next few days i incurred loss of 2, 15, 000. I complained to them they assured me that it will be recovered. They told they will change the researcher. Next day i again made profit of 30, 000. But following days i kept loosing and ended up with negative balance.in the mean time i paid them rs.73, 678.


They always forced me to trade in bulk say 10, 000 qty or 20, 000 qty upto my full available margin, they were calling and asking me to put the order at that very moment. Here what i feel, i was in terminal acting on their hands, and on the other side they were at the receiving end so whatever i put on trade for buy/seller at mentioned price they transferred the shares to them and my loss became their profit.

Example, at 10.20am they asked me to buy 10, 000 shares of aurobindo pharma at ₹742.00, and the buyer were they or their agents. And near to day end at 3.00pm they asked me to sell the same stock at 728.00 and on there side someone would buy at this price. So i lost 742-728 = ₹14 per share resulting to loss of ₹1, 40, 000/- and this was their profit.

Similarly they were taking control over my terminal by regularly calling and wrong-advising me to buy shares. I complained about the loss to them several time, no good researcher were granted for me, but whoever was appointed for me asked for money. So now they earned whatever i lost.

My total money at start were ₹ 4, 50, 000.
They gave me customer id : p00052a for ₹5, 55, 555/- package.
I paid them ₹ 73, 678.00.
And i lost ₹ 3, 95, 500.00. So total due to them -₹4, 69, 178.00.

I did fir, the petition copy included. Police asked me to go consumer court as well, hence i am here.

These people interacted with me:
Abhishek - [protected]
Aditya dubey - [protected]
Deepak bhatiya[protected]/[protected]
Prateek chaurasia - [protected]
Sagar ojha - [protected]
Ashish - [protected]
Anubha - [protected]

And the owner of this company is siddhart yadav son of an ex-congress mla.

After multiple complaints to them, on 15th september i got a call from company and they were again threatening me by saying “if i have to recover the loss, have to invest more money, or they will not do any thing. For the namesake they will start sms service of whatever amount i paid and will show this to sebi”.

Now what i want is to get back my ₹4, 69, 178.00 as as easy close-out of this case. Else will take more action and pulling them to courts with charging them money loss, frad, and mental harassment etc.

I hope akosha will help me to resolve my query as soon as possible.