[Resolved]  Karvy — fraud with customer - sell of shares without information

Address:208022
Website:karvy online

Dear @ karvy team,

I have recieved a call form karvy office on 19 march for purchase of vedanta limited shares which i have purchased and on 26 march when my sqare of time came i conatced the person who called me from karvy mr anis contact no - [protected] and asked what to do he guided me that as of today the shares which we have purchased is in loss you can hold the sahres and creit 15000/- rupees from your account to karvy account. I transfered the amount same time from net banking of my account debiting my account no [protected] from 15000/- and crediting karvy account no [protected] and informed mr anis. He then given me the number of his senior neha mam whom i have also forwarded the transction number and thescreen shot of my transction. I then confirmed that no sqare off need to be done and is my payment updated in karvy system. She confirmed me that yes all updation is done..
Now today i open my account on karvy online and i saw that my shares has been sold with out any confrmetion and consent.
I called the guy and that neha madam but they dont have the answers.
Also they money which i have transfered to karvy is also not showing and karvy is holding my money since long.

This is the fraud being done by the karvy and selling the shares with out the consent despite the money has been trasnfered.

I want a answer from md - karvy for this cheating being done with me also the loss which i have tro bear.

Please revert back in 24 hours else i will further register my complaint in sebi and higher officials.

Regrds

Inderpreet singh chawla

[protected]

Client code - 2855070
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May 12, 2018
Complaint marked as Resolved 
Karvy customer support has been notified about the posted complaint.
Mar 28, 2018
Updated by Inderpreet Singh Chawla
Dear @ KARVY TEAM,

I have recieved a call form karvy office on 19 March for purchase of VEDANTA Limited shares which i have purchased and on 26 March when my sqare of time came i conatced the person who called me from Karvy Mr Anis contact no - [protected] and asked what to do he guided me that as of today the shares which we have purchased is in Loss you can hold the sahres and creit 15000/- rupees from your account to karvy account . I transfered the amount same time from Net Banking of my account debiting my account no [protected] from 15000/- and crediting karvy account no [protected] and informed Mr Anis .He then given me the number of his senior Neha MAM whom i have also forwarded the transction number and thescreen shot of my transction . I then confirmed that no sqare off need to be done and is my payment updated in Karvy System . She confirmed me that yes all updation is done ..
Now today i open my account on karvy online and i saw that my shares has been sold with out any confrmetion and consent .
i called the guy and that Neha madam but they dont have the answers .
Also they money which i have transfered to karvy is also not showing and karvy is holding my money since long .

This is the Fraud being done by the Karvy and selling the shares with out the consent despite the money has been trasnfered .

I want a answer from MD - Karvy for this cheating being done with me also the loss which i have tro bear .

Please revert back in 24 hours else i will further register my complaint in SEBI and higher officials .

Regrds

Inderpreet Singh Chawla

[protected]
Mar 28, 2018
Updated by Inderpreet Singh Chawla
Dear @ KARVY TEAM,

I have recieved a call form karvy office on 19 March for purchase of VEDANTA Limited shares which i have purchased and on 26 March when my sqare of time came i conatced the person who called me from Karvy Mr Anis contact no - [protected] and asked what to do he guided me that as of today the shares which we have purchased is in Loss you can hold the sahres and creit 15000/- rupees from your account to karvy account . I transfered the amount same time from Net Banking of my account debiting my account no [protected] from 15000/- and crediting karvy account no [protected] and informed Mr Anis .He then given me the number of his senior Neha MAM whom i have also forwarded the transction number and thescreen shot of my transction . I then confirmed that no sqare off need to be done and is my payment updated in Karvy System . She confirmed me that yes all updation is done ..
Now today i open my account on karvy online and i saw that my shares has been sold with out any confrmetion and consent .
i called the guy and that Neha madam but they dont have the answers .
Also they money which i have transfered to karvy is also not showing and karvy is holding my money since long .

This is the Fraud being done by the Karvy and selling the shares with out the consent despite the money has been trasnfered .

I want a answer from MD - Karvy for this cheating being done with me also the loss which i have tro bear .

Please revert back in 24 hours else i will further register my complaint in SEBI and higher officials .

Regrds

Inderpreet Singh Chawla

[protected]
Verified Support
Mar 30, 2018
Karvy Customer Care's response
Dear Sir,

With reference to the below mail, you fund has been refunded to the below client vide ref:8519367

26.03.18 [protected] -TPT-CLNT CODE 2855070 86594691A1 15000.00 26-Mar-18 NETBANK, MUMBAI

Please check and confirm the same. Any issues regarding this issue, please write to us kcpl.[protected]@karvy.com.

Regards
Team Karvy
Mar 31, 2018
Updated by Inderpreet Singh Chawla
Dear Team,

As per my complaint no resolution has been provided. Shares has been sold without my consent by Karvy staff . 15000/- rupesas has already been transferred before the square off and also confirmed by Karvy staff . Miss Neha Confirmed me .

Why this fraud has been done by Karvy people

Pl register my complaint of the fraud and justification required else will write further to higher level

Regards

InderPreet Singh Chawla

Client code 2855070
Complaint comments 

Comments

Dear Team,

As per my complaint no resolution has been provided. Shares has been sold without my consent by Karvy staff . 15000/- rupesas has already been transferred before the square off and also confirmed by Karvy staff . Miss Neha Confirmed me .

Why this fraud has been done by Karvy people

Pl register my complaint of the fraud and justification required else will write further to higher level

Regards

InderPreet Singh Chawla

Client code 2855070

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