[Resolved]  India Infoline Finance [IIFL] — IIFL Vidhi Nagori Cheated for Rs. 20000 IIFL is a Fraud and Scam. BEWARE of Money Loss, Debt, Suicide and Death

Address:INDORE

IIFL is a scam. Vidhi Nagori from [protected] called me politely few times and mentioned IIFL Indore.

She told she is working 10 years with IIFL indore is a free advisory firm, she talked in my mother tongue and encouraged for F&O telling that it is totally safe and secure. She requested me to speak with Deepak Parmar [protected].

After 15 days of polite request I agreed to open IIFL account, Vidhi Nagori only did all process over phone call. After that Vidhi Nagori, IIFL told me to add 10000 Rs. and started advising to trade Futures and Options, that I am totally blank.First day 10 min. she made position closed for 500 Rs. profit, but out of that 40 percent was deducted by them for various charges including brokerage.

Next day she was calling me to add 90000 Rs. more, she called in late evening that I have still not money, this means IIFL staff are able to check your bank balance and funds detail. By polite requests, I added 40000 Rs., now total balance was Rs. 50000.

She called next day from mobile number [protected], to trade bulk F&O, always she insisted to buy at market price, 250 slots for Bank Nifty etc. After 10-15 minutes she told to buy more 250 slots to average. After 20 minutes she told to tick market price option and exit everything. When I checked loss it was rs. 33000/- almost. Finally I submitted request to withdraw and close IIFL account. After their brokerage etc. I got less than 9000 Rs. into my account.

I lost 45000/- rs. with IIFL in only 2 days, IIFL is a cheat, fraud, gambling company, owner is Sanjeev Bhasin. Guys never trust them, please close your IIFL account, if you have equity investment, do not trust, their 420 staff can even pledge your hard earned money and you will get noting or remanining money finally.

When you make loss IIFL staff will encourage you to recover next day, but I decided to close my account. Everything these people are doing is over phone call, live advisory. Beware of IIFL scam, close your accounts with them.

Report IIFL to police and cyber crime because they are monitoring your private investment details into IIFL account and because that someone may loose his or her precious life by suicide, if get into huge losses of money or debt.

They [protected] and [protected] were telling me to add 5 lakhs Rs. which I did not agree, I told it will take time to arrange so much money. IIFL is a criminal, suicidal, fraud, cheat and scam company. Do not trust IIFL Indore.

Someone can loose hard-earned money within few minutes or even can suicide or die of his or her life because of money debts and money loss. Spread the awareness about IIFL.
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May 9, 2023
Complaint marked as Resolved 
This is resolved, we can delete this.
India Infoline Finance [IIFL] customer support has been notified about the posted complaint.
Verified Support
May 08, 2023
India Infoline Finance [IIFL] Customer Care's response
Dear Sir, we have highlighted this to the team and we will get back to you with an update ASAP.
^Bijal
Verified Support
May 08, 2023
India Infoline Finance [IIFL] Customer Care's response
Dear Sir, we understand that our official Mr. Dinesh has spoken with you and addressed your concern with regards to brokerage and other trading related query . We hope your issue is now resolved. Do reach out to us incase you need any further assistance.

You can use IIFL help or write to us at [protected]@iifl.com for any concern.
^Bijal
May 09, 2023
Updated by Anshul Shrivastava
This is resolved, we can delete this.
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