Gbc Global Services, Dvg Global Services, Mothertrade Enterprises, B K Global — Kenchappa Hosamani is a fraud and do not trust this guy

I had lost my job overseas and relocated back to Bangalore in 2019 and was introduced to Kenchappa at his Nagarbhavi residence, , Bangalore, through a common acquaintance. During this meeting he showed proof of his clients trading accounts showing huge profits, disclosed bank statements showing transactions in crores of rupees with balances in millions, and showed pictures of his investors ranging from influential people and businessmen to actors from the Kannada film industry who he claimed were his investors. He convinced us that he was among the best Forex traders in India and operated out of his company - Mother Tree at Malleswaram. He also claimed pan-India operations, and in the recent months claiming an office and his own brokerage in Dubai.

1. I began with a modest investment of 5 Lakhs in July 2019 with payments made promptly by him every month, and Kenchappa also came forward to help me overdraw my payments during several critical emergencies which made me trust this person
2. I slowly started topping up my account from July 2019 until September 2020 utilizing my gratuity amount, taking OD against my mutual fund, pledging gold, personal loans, and my tenants rental advances, and made a total investment close to 1 Crore by September 2020
3. What gave me further confidence was that even during the first Covid lockdown he promptly paid our monthly ROI's.
4. After the first lockdown he approached investors to make new investments wherein he would pay 1% against our principal everyday, and convinced me that the Covid 2nd wave would impact markets and deplete my Mututal Funds which had had already depleted by half during the first lockdown and was making a gradual recovery. Hence he influenced me directly and indirectly to tempt me and withdraw my mutual funds totaling 35 Lakhs and invested the last of funds I had in September 2020.
5. During this time he vacated his Nagarbhavi residence which he always claimed was his own and moved into a palatial house in HSR layout which he said he bought for 6 Crores with a collection of luxury cars.
6. Following month he promptly paid 1% against the new investment after which payments ceased, and he kept paying me small amounts from time to time until early 2021 after which payments ceased altogether and he stopped responding to calls.
7. By November 2020 several FIR's were already lodged by investors, and Kenchappa absconded from his HSR Layout when the authorities visited his home, and later knew that this house was actually rented and not his own as claimed earlier.
8. He kept surfacing once a while throughout 2021 providing new numbers to which he never responds when called, and whenever contactable only made false promises of payments, and also claimeing that his Brokers overseas had cheated him and that he would make all efforts to pay back our Principal Amounts when he started afresh.
7. During September 2021 he finally resurfaced and invited investors to Mumbai claiming that he has resolved his losses and had floated a new company Ken Associates with several influential people and would resume our payments from November 2021. He also mentioned that during our visit he would give us all a small token payment in a show of solidarity and assurance, and circulated pictures of his new investors and with people of influence, and Hotel Sahara Grand where he was staying with several luxury cars at his disposal.
8. We investors met in Mumbai during late September 2021 where Kenchappa put up a grand show in presence of several new investors and also used a photo opportunity with a union minister visiting Hotel Sahara at that time claiming the minister and his colleagues had come to meet him and make investments, whereas it was established later that the Ministers visit was merely on his routine official visit and had nothing to do with Kenchappa or investments.
9. Instead of paying us the promised token amount during our visit to Mumbai, Kenchappa instead asked us to invest further into his new business and demanded 10 Lakhs assuring me that this would help recover my previous losses within a month, and when I said I don't have funds and refused he grew hostile and refused to meet me further or take my calls and I left Mumbai empty handed.
10. After several followup's in November 2021 he promised to open a Trading account for our group of 7 investors where he would fund 10 Lakhs and trade on the account, and we investors were to withdraw and share the profits on weekly basis. He visited Bangalore and invited us for a seminar in Peenya for new investors, again promising us some small payments after the meeting which never happened.
11. After the above meeting, a Trading account was opened for our investors group of 7 people, and he kept sharing dummy deposit transaction slips of funding this account which were never honored by the account broker, and when we exposed his lies he kept on providing dates for payments which were never honored till date.
12. By then he had several FIR's and law-suits against him, and we understand that he has evaded the law, got bails, and never appeared for court hearings with his lawyers getting most of his cases disposed off in court.
13. When few investors grew hostile, he also made it very clear to us that he has powerful influence within the law and political circles and that he cannot be touched. His recent behavior has been very intimidating and even threatening
14. Some of the clients he has cheated are mostly vulnerable women who had pledged gold and property documents, taken loans, etc without knowledge of their families, which has ruined their lives and marriages with some of them attempting suicide after being unable to ward off recovery agents. His other victims include senior citizens some of whom were forced to pledge properties and gold to invest and have now moved to old age homes seeking refuge.
15. He has apparently left Mumbai on January 31st 2022 and flown to Dubai with everyone's investments where he now resides in absolute luxury and pursuing his vices with a bevy of women at his disposal. Recent videos shared in our circle of investors shows Kenchappa who is married thrice, cavorting with women and living in absolute luxury while we investors are locked in loans, paying off interest, and with women going through divorces and ruined marriages
16. With several cases disposed off in courts using best of lawyers, a recent media expose silenced using money and influence, and with several FIR's lodged in various police stations yielding no results, we investors have lost faith in our system where Kenchappa's tall claims of being untouchable is beginning to prove true as he cools his heels in Dubai.
18. Investors please be warned!!! Kenchappa's modus-operandi is now to manipulate and influence investors to prevent us from taking legal action using false promises and rumors. Since I'm unemployed, he promised me and my friend jobs with renowned companies in Dubai using his influence and took our documents for Visa's which was all a hoax and played with our emotions. He is making such false promises to many to prevent us from taking legal action. He is also creating misunderstandings between investors using baseless rumors so that investors are divided and fight among ourselves.
19. With his old passport seized, he has apparently got a new passport issued from Kushalnagar after changing to a new address in his Aadhar Card with which he has fled to Dubai.
20. Investors please come forward to approach the authorities and lodge a formal joint complaint requesting a Red-Corner notice to prevent this criminal from further traveling and evading the law, and to have him deported back to India to face charges.
20. Kindly note that we investors have to stand united for this cause and form a common forum where we could all interact, communicate, discuss, and take further action.

STAND UNITED FOR JUSTICE...JUSTICE WILL FAIL IF WE ARE DIVIDED AND CREATING A PATH FOR THIS CRIMINAL TO SUCCEED !!!

Hi Friends this Kenchapa Hosamani is very big cheater and he doesn't know anything about Forex trading ect..he target 🎯 only unknown source and big investor by showing his fake Bank statment and says lot's of stories that many of sandalwood hero's and politicians and Police department are his clients and they all invested with him.. all'are fake statement and Stories which use to attract new investors...
He Cheated more than 20Cr with more than 50+ investors and many police station having FIR against him.. but still he successfully do his cheating jobs
He is illiterate guy just 12th class pass not even know English language to deal with clients...

Some MLM leaders joined with him now to cheate Big level.. one'of Top Leaders in Forsag @ Qubitec MLM company have joined with him to loot inocent investors money in market..by showing 5 to 10% monthly gaurenty returns...

Conclusion:
Please don't believe him is very big fraud and he Cheated Big people already and now he took thire name's and do his business again..

Yes This ### Kenchapa cheated more than 100 innocent investors in multiple cities in India... now'he escaped to Dubai and settled there'with all investors money and enjoying life with girls...

Hello Guys,
Even He cheated myself as well by saying he is big forex trader but, He is uneducated ### don't have any knowledge about forex and trading,

He used very highly name Paulicians Names and big face valued celebrities names and keep cheating common poor investors in market .He bloody son of ### he cheated many women's as well

he had 3 marriages and cheated those poor women's and divorced them without paying their divorce settlements as well so he is such cheated not leaving anyone .

Now he escaped to dubai and enjoying with girls in poor investore money from india..

I Kindly requesting Indian Government Please arrest this Kenchappa HOsamani and recover all poor investor money any give justice to women's who cheated by this fraud ..He should get punished all his crimes ..

Along with Him some more gang of cheater Name is Bharath, Rajeev from Mumbai, all together cheated may innocent people in india .

Conclusion : Requesting to Indian Gvt Pleae arrest such international criminal & Cheaters Kenchappa Hosmanni, Bharath Rajeev and give justice to poor investors and women's .

we have all the evidence regards to Kenchappa Hosamani cheating cases if required our indian team will submit to police ...we have everything about his all active's with photos and video's

if any one suffering from Kenchappa Hosamanni pls SHARE YOUR experience here

Hey investors ..beware of this Kenchappa hosamani from Hagaribommanahalli Bellary district Karnataka He is showing off as Forex trader roaming here there like bangalore Mumbai Dubai to cheat innocent people using his tactics ..
Bharath and many show off leaders are there to support him to get money from innocent people..
I am also victim cheated by him using me for marketing purpose by showing the bright future I will do for u good earnings and u can settle your life like this ..In last 2021 June one of my friend introduced him as a trader no in India so he will trade in forex market ..I believed him and invested 10 lakhs rupees immediately without seeing his background .. I also introduced many of friends to get commission we have given 1 crore 70 lakh Rupees to him within 3 months ..he opened dummy broker account for us and started trading initially we were not much known about FOREX MARKET ..he given 2 months payment and invited us to Dubai to show his office and his registered set up In Dubai..when we went almost 25 people to Dubai we came to know all his storied were bogus and nothing there ..he simply invited us and sent back to Dubai..after this he started playing with us by not paying any INCOME weekly also our investment back ..

Since 3 months he started telling stories and not paying single rupee..now Me and my friends are suffering from the debts which they borrowed LOAN and pledge gold ..

He is ### and cheater now not receiving my calls and even not replying to our messages.

His all phones switched off and disconnected all from social media's like botim and what's app call and network calls

His nos : KENCHAPPA CHEATER : [protected] [protected] [protected]
HIS PASSPORT NO : V1760861
His adhaar no ;[protected]
I will upload his all documents ..

Now he abscond to Dubai and cheated many people more than 200 people in bangalore and Mumbai and Karnataka many cities..
He cheated more than 25 crores to innocent people ..

I[censored] find him plz let me know here plz put cases against him ...
Mail to DUBAI POLICE : Email [protected]@dubaipolice.gov.ae

All are mail to Dubai police mail id ..so if they can plan to hold his passport..

I had lost my job overseas and relocated back to Bangalore in 2019 and was introduced to Kenchappa at his Nagarbhavi residence, , Bangalore, through a common acquaintance. During this meeting he showed proof of his clients trading accounts showing huge profits, disclosed bank statements showing transactions in crores of rupees with balances in millions, and showed pictures of his investors ranging from influential people and businessmen to actors from the Kannada film industry who he claimed were his investors. He convinced us that he was among the best Forex traders in India and operated out of his company - Mother Tree at Malleswaram. He also claimed pan-India operations, and in the recent months claiming an office and his own brokerage in Dubai.

1. I began with a modest investment of 5 Lakhs in July 2019 with payments made promptly by him every month, and Kenchappa also came forward to help me overdraw my payments during several critical emergencies which made me trust this person
2. I slowly started topping up my account from July 2019 until September 2020 utilizing my gratuity amount, taking OD against my mutual fund, pledging gold, personal loans, and my tenants rental advances, and made a total investment close to 1 Crore by September 2020
3. What gave me further confidence was that even during the first Covid lockdown he promptly paid our monthly ROI's.
4. After the first lockdown he approached investors to make new investments wherein he would pay 1% against our principal everyday, and convinced me that the Covid 2nd wave would impact markets and deplete my Mututal Funds which had had already depleted by half during the first lockdown and was making a gradual recovery. Hence he influenced me directly and indirectly to tempt me and withdraw my mutual funds totaling 35 Lakhs and invested the last of funds I had in September 2020.
5. During this time he vacated his Nagarbhavi residence which he always claimed was his own and moved into a palatial house in HSR layout which he said he bought for 6 Crores with a collection of luxury cars.
6. Following month he promptly paid 1% against the new investment after which payments ceased, and he kept paying me small amounts from time to time until early 2021 after which payments ceased altogether and he stopped responding to calls.
7. By November 2020 several FIR's were already lodged by investors, and Kenchappa absconded from his HSR Layout when the authorities visited his home, and later knew that this house was actually rented and not his own as claimed earlier.
8. He kept surfacing once a while throughout 2021 providing new numbers to which he never responds when called, and whenever contactable only made false promises of payments, and also claimeing that his Brokers overseas had cheated him and that he would make all efforts to pay back our Principal Amounts when he started afresh.
7. During September 2021 he finally resurfaced and invited investors to Mumbai claiming that he has resolved his losses and had floated a new company Ken Associates with several influential people and would resume our payments from November 2021. He also mentioned that during our visit he would give us all a small token payment in a show of solidarity and assurance, and circulated pictures of his new investors and with people of influence, and Hotel Sahara Grand where he was staying with several luxury cars at his disposal.
8. We investors met in Mumbai during late September 2021 where Kenchappa put up a grand show in presence of several new investors and also used a photo opportunity with a union minister visiting Hotel Sahara at that time claiming the minister and his colleagues had come to meet him and make investments, whereas it was established later that the Ministers visit was merely on his routine official visit and had nothing to do with Kenchappa or investments.
9. Instead of paying us the promised token amount during our visit to Mumbai, Kenchappa instead asked us to invest further into his new business and demanded 10 Lakhs assuring me that this would help recover my previous losses within a month, and when I said I don't have funds and refused he grew hostile and refused to meet me further or take my calls and I left Mumbai empty handed.
10. After several followup's in November 2021 he promised to open a Trading account for our group of 7 investors where he would fund 10 Lakhs and trade on the account, and we investors were to withdraw and share the profits on weekly basis. He visited Bangalore and invited us for a seminar in Peenya for new investors, again promising us some small payments after the meeting which never happened.
11. After the above meeting, a Trading account was opened for our investors group of 7 people, and he kept sharing dummy deposit transaction slips of funding this account which were never honored by the account broker, and when we exposed his lies he kept on providing dates for payments which were never honored till date.
12. By then he had several FIR's and law-suits against him, and we understand that he has evaded the law, got bails, and never appeared for court hearings with his lawyers getting most of his cases disposed off in court.
13. When few investors grew hostile, he also made it very clear to us that he has powerful influence within the law and political circles and that he cannot be touched. His recent behavior has been very intimidating and even threatening
14. Some of the clients he has cheated are mostly vulnerable women who had pledged gold and property documents, taken loans, etc without knowledge of their families, which has ruined their lives and marriages with some of them attempting suicide after being unable to ward off recovery agents. His other victims include senior citizens some of whom were forced to pledge properties and gold to invest and have now moved to old age homes seeking refuge.
15. He has apparently left Mumbai on January 31st 2022 and flown to Dubai with everyone's investments where he now resides in absolute luxury and pursuing his vices with a bevy of women at his disposal. Recent videos shared in our circle of investors shows Kenchappa who is married thrice, cavorting with women and living in absolute luxury while we investors are locked in loans, paying off interest, and with women going through divorces and ruined marriages
16. With several cases disposed off in courts using best of lawyers, a recent media expose silenced using money and influence, and with several FIR's lodged in various police stations yielding no results, we investors have lost faith in our system where Kenchappa's tall claims of being untouchable is beginning to prove true as he cools his heels in Dubai.
18. Investors please be warned!!! Kenchappa's modus-operandi is now to manipulate and influence investors to prevent us from taking legal action using false promises and rumors. Since I'm unemployed, he promised me and my friend jobs with renowned companies in Dubai using his influence and took our documents for Visa's which was all a hoax and played with our emotions. He is making such false promises to many to prevent us from taking legal action. He is also creating misunderstandings between investors using baseless rumors so that investors are divided and fight among ourselves.
19. With his old passport seized, he has apparently got a new passport issued from Kushalnagar after changing to a new address in his Aadhar Card with which he has fled to Dubai.
20. Investors please come forward to approach the authorities and lodge a formal joint complaint requesting a Red-Corner notice to prevent this criminal from further traveling and evading the law, and to have him deported back to India to face charges.
20. Kindly note that we investors have to stand united for this cause and form a common forum where we could all interact, communicate, discuss, and take further action.

STAND UNITED FOR JUSTICE...JUSTICE WILL FAIL IF WE ARE DIVIDED AND CREATING A PATH FOR THIS CRIMINAL TO SUCCEED !!!

Dear investor,  If you are a victim of the Kenchappa Hosamani (alias Kenchappa H, Hosamani K, and he as all kinds of different names) scam please report here.
I have lost all my savings and fathers' pension money by believing this fraudster. 
I have invested 50 lakhs by taking loans at high interest from know people near my house and invested all my savings with this fraud fellow Kenchappa. He promised me 10% returns monthly and showed me a very big house at HSR Layout. He lied that it was his own house and that he had purchased it in June 2021.
He stopped paying returns after I invested and lied that Income tax people have raided his house. This kept on for 3 months and In October he asked me to invest again and promised that he will give all pending returns. Believing this fraud I took my Fathers' pension money and gave it to him. Later he did not give me that money also. So by suspicion, I went to his house in the last week of OCT 2021 and the watchman told me that he vacated long back and so many investors are coming asking about him.
It's been almost 1.5 yrs and there is no update from this fraudster. I have come to the streets because of this fellow. 
GBC GLOBAL,  Mothertrade Enterprises, GBC GLobal markets all are fake companies and it is not registered. I don't know how these guys operate and fool everyone.
He threatens investors saying that he will put a false case against people who are planning to put the case on him. 
Unfortunately, there are so many complaints lodged against this guy but he is still out enjoying our money and still cheating so many innocents like me( who have invested from 1lac to a few crores). Everyone is at a dead end as there is no help from anyone.
There was a recent telecast (undercover operation) in the local channel and I don't know how people are still investing.
This fraudster changes his phones(changed like 6 numbers ) and places very quickly. Recent news is that he is in Dubai enjoying and splashing all our money for his pleasures.
Request investors to come forward and share your incident so that we can escalate this to higher government authorities to get our money back and law punish this guy.I Request the government to catch hold of such people and bring justice to innocent people like us.
*Beware Beware* He changes his names like Hosamani K, Kenchappa H, or Kenchappa Hosamani.
HIS PASSPORT NO : V1760861

I too am a victim of Kenchappa, who cheated me of Eighty Seven Lakhs.

I invested with 10L in July 2019 when he opened a forex account and said he will give me a ROI at 5%. He paid this 5% every month for the past 1.5 years..

After i came back from my job in the Gulf, I slowly gained confidence and investment another 70L little by little until September 2020 utilizing my gratuity amount and my tenants rental advances.

He kept changing brokers and gave us new login IDs. Then in March 2021 he stopped all the payments.

He vacated his Nagarbhavi residence and said he bought a big house in HSR Layout for 6 Crores. After we met him a couple of times asking for our money he promised to pay but never did

After March 2021 he stopped responding to calls. He secretly vacated the house and we came to know many FIR's were already lodged by investors, and Kenchappa absconded from his HSR Layout.

In September 2021 he invited investors to Mumbai claiming that he will pay off everyone. But after visiting Mumbai he never gave us 5 min if his time and appeared busy meeting politicians and new investors. He sent us back empty handed resolved from Hotel Sahara Grand where he was staying in luxury..

Kenchappa is a big cheat, he will be intouch till all your money is gone. Once he knows there is no further money left he will stop communication.

I have known at least 15 people who have been cheated by Kenchappa. Do not believe this fraud who has ruined several families and individuals.

I lost all my life earnings of 87 Lakhs and living a miserable life.