Money Classic Research Complaints & Reviews

They start with rs 6000/-and end up at rs.8.00lacs luring you give best calls and assuring you rs.5000 to1.00 lac a day. They further pressurize you take services for 5 years. After that they make you loose and sit quiet. They stop giving good calls. If you ask for calls they provide random calls to make further losses. We should form a forum to get our hard earned money back.

It has started with that your md is having interview at cnbc awaaz.

This is very unusual and poor to hear that your company have such employees who uses abusiv langauge and very harsh word if customer ask for some time to take services.

I had recieved call from someone vivek rathor from no. [protected]
And another call from no. [protected] and i don't remember his name must be some fraud and idiotic name.

And for such musbehave and abusive non sebse i will lodge an fir and will see you guys and have some shame to these guys with your organisation.

Last month manishnyadav promised me for 10000 par day gureented return from daily stock market tips for tat i paid 2, 13, 200/- but still i lost 3lacs in 2days trading... He and his boss deepak mishra are thief and #... They only loot ur money... Luckily i recovered 2lacs... But not eveyone is lucky... Beware of money classic research, indore... This is 100% fraud company

Refund of rs 280500 taken by way of illeagal and fraud manner

It is highly regretfull to inform you that i had been forced to pay rs 200500 by illeagal and fraud manner by isha chandana (Tel no[protected]) and nisha (Tel no [protected])'
It is learnt that both isha and nisha are representatve of your company. But they gave me false information that they belong to research house team and not belong to money classic research house. And they forced me to join their galaxy calls service'. And also informed that there is a refund policy if i am not interested or company made loss.. Assured to return total amt paid along with loss amt.

They totally collected rs 156500 step by step and in middle they made rs 20000 loss. (Total details with date available with me). I was asked to deposit the amt into axis bank a/c no
[protected]. And a email message was sent by them from
Email address [protected]@gmail.com. (All detailed record are with me)
As a result of loss and refund policy i asked them to return the paid amt. They agreed and asked to pay illeagally rs
25000 as processing charge. After a big pain i once again paid rs 25000.in return they assured to return rs 170000. But still they never returned the amt. I requested several time now they have stopped to lift the phone'

How ever i dont wanted to work with money classic as earlier i lost 80000 (Throug shikha bansal) withouut any work.
But isha chandana forced me to work by giving wrong information reg co and with fraud manner. So totally i lost (200500+80000) rs 280500.. So pl make a proper enqiury. And make arrangement to return back the total amt immediatelly'
Or otherwise i i am constrained to take leagal action and ipersonally will come to indore and take all leagal step to take back lost amount.
But before that i request your self to solve the sissue smooyhly.

Mr sumit srivastav asked me to pay 13 lacs for a service and he will give me 1 lac from the market per day. I paid him 1.5 lacs as an initial amount. But they are not able to the same on very first day and incurred loss only. So i want refund of my money. When i asked the money they are telling it is non refundable. They made very big promises so i was lured by them. But when i went through the internet i found that there are lots of customer complains against them. They are a completely fraud company and are having very little research. I have planned to lodge a case of 420 against them.

Ye company fraud hai... Always loss hi deti hai
Jab tak aap pura payment nhi karte tab tak ye aapko calls nhi deti
Calls diye bhi to fake deti hai jisme 100 % loss hota hai.
Aaj muje 30000 ka loss hua wo bhi maine inka remaining payment nhi kiya isiliye muje unhone loss diya aisa wo khud bole.

Please guys dont trust on this company. And don't pay
Maine 33000 pay kiye lekin muje service nhi di

These are gangs of few frauds who cheat people by making false representation. I was promised profit of rs. 100, 000 per week for which mr. Dharmendra from this advisory company made me pay 320, 000 but from the time i paid i have only been incurring losses. They dont do any research. Sab k sab fraud hai. They will keep transferring u to other people within the gang saying the calls of senior will be 100% right but sab k sab fraud hai. Now he is coming with new scheme of 16l to recover my loss. There should be someone to keep a check on all these frauds so that they dont cheat people.
I was made to pay 320, 000 saying they will offer premium most service for 2 years but they gave me gst invoice for small small products of there own wish. I doubt if these invoices are even real.

I file complaint against money classic research employ ajay /chirag /adtyia on 5/09/2017 but there no response from company side behalf my complaint. I think this whole people call cutmerrs and fool them requeus to all pls don't trust any person which says you for sure profit these all are doing fraud

Now i do complaint on sebi-score and direct written to letter p. M. Modiji adress

I and registered for tips in commodity on the website www.moneyclassicresearch.com.
After couple of days i got call from mr. Animesh asking for membership. He initially said that the amount is 60000 for 6 months.
He said to pay 10000 initially and they will start service.
I paid 10000 and then after 10 min mr. Prakash called stating today is inventory call and if i pay 40000 more than i will get same service for next 6 months but i need to pay immediately within 30 min.
I paid trusting them but next after 5 min they called again and told to pay 2000 more and that is full and final.
And after paying almost 80000 the levels provided by them are false and i made loss of more than 60 k.

So don't ever trust anyone from indore giving levels for money.

The person's names are mr. Animesh,
Mr. Prakas and mr. Sharma.
They all are people fooling others and taking money.

Please refer to my email dated 20/9/17. Outcomes of mail are still awaited.
Ms komal and mr prakash soni, as name integrated to me and as i mentioned the same earlier make telephonic conversation with me in long regarding withdrawal of complaint as i made earlier, and both were ensured me that the services are provided to me on 21/9/17 regarding non receipt of tips on commodities, trading through sms. They ensure me that action is in hand and you get regular sms from 25/9/17.

On 22/9/17 komal provide tips to sale crude oil from rs 3295 target 3260, i called mr. Prakash, he also ensured me as well as he provide me tips to buy zinc @199.80, sale target 203. That, on 25/9/17 ms. Komal provided tips sale crude @ 3295 to buy rate 3280. All of three calls go wrong, at 1744 hrs komal informed me that these are general calls, it’s better that you pay 50, 000 more so that she will provide premium calls.

Through above, it is noticed that stoppage of tips through sms and wrong tips through voice calls provided to me due to which i faced a loss of 4800 and make undue pressure on me, so that i pay rs. 50, 000 for which komal called me twice.in order words, you are blackmailing me to pay rs. 50, 000 and fulfil your other demands. Instead of initiating action against the culprits, you are indirectly appraising them and causing mental harassment to me to pay 50, 000 more and fulfil other demands. You are reply in this regard and refunding my money else i’m bound to take legal action against your company and those employees.

On 11/09/2017, As per telephonic conversation and given full assurance 100% accuracy with komal on phone no.[protected], I opted for services for Rs.7000.00 per month (Rs.3000.00 first and rest of amount after 15 days to see the performance of tips provided from Money Classic. In working day she provides two tips on metal and one tip on energy. I agree with the scheme and remitted Rs.3000.00 through NEFT to Money Classic (NEFT N.BKIDN[protected])
That, again Mr. Prakesh Soni calls to me through his phone no.[protected] that he will provide premium tips which hit 25 to 30 points and for that company is charging 125000/- for six months. You pay Rs.25, 000/- to start/enrolled your services and rest you will give us after one month when you earn from commodity market through our tips. In this matter I received call till 2200 hrs in this regards. As per his conversation and briefing, in last I agree to pay rest of 22, 000.00
That, I accept his offer and again remitted Rs.22000/- through NEFT BKIDN[protected]. After receiving the amount he and his coordinator start making calls to me that management were not agree, you may remit Rs.50, 000.00 more. I express my unwillingness for that and request Mr.Prakesh that, at present I am unable to send such a big amount of to fulfill your requirements. I say him that, in beginning you are behave like that, then you demand for money as and when required which is not in terms. Hence, my entire amount may be refund to me at the earliest. On the tips provided to me through komal, I list Rs.
Now, both Mr. Prakesh and his coordinator Komal refuse to refund my money.
You are therefore requested to look into the matter and do favorable for refund of my money as the service you like to provide is not required by me.
Your early reply in this regard is highly appreciated.

I have taken services for stock advisory from following stock advisory

Money classic research
Address :202-203, modi mension, e b 250 sch no.94, ring road, indore (M. P.)
Mail us [protected]@moneyclassicresearch.com
Call us on
(+91) [protected]
(+91) [protected]
(+91) [protected]

I have paid total 14000 for one year service. I have having mail for the same.
In spite of number of times follwing they are not starting the services and asking money for restart.

I request you take this matter and do necessary action on it.

Complaint against mr. Ayaj rathore/ mr chirag./ mr aditya kashyap
These all are job in money classic research company deal in commudity market

Hello sir/mdam i want to tell you something about fraud which done mr ajay rathore contact no. [protected]. Mr chirag contact no. [protected]. Mr. Aditya kashyap contact no. [protected]. First of all mr ajay rathore call me again & again and force to me work with our company in mcx as name money classic research. Last i agree to work with them he said to me for deposite of rs. 5000 for your profile in our company and after one month after profit we charges 15000 rs more than we start work with you for 1 month and give me aprox profit 70000 to 80000. Ok our deal is done as per commitment i make neft amrinder singh to money classic research r of rs 5000 by punjab national bank dated on 25/07/2017 cheque no. 804590. Next day i call mr ajay rathore for work he forward me to his senior to mr chirag and next day mr chirag forward me to his senior mr adtiya kashyap. Mr kashyap force me to deposit 60000 rs in money classic research. I asked him why 60000 rs ajay tell me only 5000 rs and you tell me 6000rs what is this he said he don’t know any thing you mst deposie 60000 rs otherwise we can’t do work. I am shoked than i call mr ajay he said i don’t know talk mr kashyap at last i agree with mr kashyap with some adjustment i make next neft of rs 35000 dated 27/07/2017 cheque no. 804591
Next day he advice me to buy cruide oil and profit me to 8500rs i said ok next day he said to balance money again he said otherwise we can’t do work anymore than i force to mr kashyap to give 2/3 more calls and make me some more profit than he advive me to bul cruide oil 10 lots in one time and i lost all money in one time pls tell me wht i do these type companies…………… after this all incident no body call me he call me only for money in 2 /3 days i lost 80000 rs 40000 rs to money classic & 40000 rs in my mcx account which i loss ……………………
. My contact no. [protected]
Amrinder singh

Dear sir / madam

I have taken money classic services and one of their executive ms. Heena khan (+[protected] called me and asked me to pay rs.5, 500/- to avail the services and i have paid rs.3, 500/- on 24 july 17 and rs.2000/- on 28 jul 17 but inspite of paying your charges the executive was giving wrong calls to me and made a loss of rs.15, 000/- (Contract note available) and when i asked their executive ms. Heena khan she put me to one of her senior executive mr. Arun kumar singhania (+[protected] & +[protected] and he explained me that he will now handle my account but his service charges for 1 year is rs.1, 50, 000/- and he guaranteed me that he will help me and recover this money in 5 days. I asked him how to trust and he had promised if the services are not satisfied to me they (Money classic) will return the full money and based on his committment i have paid rs.1, 25, 100/- on 8 aug 17 and again continuously he gave a wrong recommendation and made me a loss of rs.70, 000/- and when i have asked him the reason he agreed that his mistake in calls made me a loss and he promised me to that he will recover this loss in 5 days and he told me that i should work under mins (Multi income scheme) and 100% profit is guaranteed and for that his charges are rs.5 lakhs and since i have already paid rs.1.50 lacs i need to pay another 1 lakh and balance rs.2.5 lacs i can pay after the profit and again he promised and committed that money will be refunded if the profit is not given, he called me 10 times on 11 aug 17 and asked me to pay, and again i trusted him and money classic and paid rs.50, 000/- on 11 aug and rs.15, 000/- on 17 aug 17 and rs.35, 000/- on 21 aug 17 and till then he was giving wrong calls and made continuous losses and again on 21 aug 17 he had called again and again and requested to pay the balance.

Again on 22 aug 17 he told me that he will get a profit but instead he made me a loss of rs.53000/- in one single call and i have repeatedly asked him for stop loss and he refused to pick up the phone. When i repeatedly contacted him he finally pickup the phone and told me that he made me to speak to his senior person one mr. Hakshit jain (+[protected] and he said he will now handle my account but his charges are rs.8, 00, 000/- and i need to pay 50% of the money and since i have already paid rs.2.5 lakhs and another rs.1.5 lakhs i need to pay to continue the services. After this both mr. Arun kumar singhania & mr. Hakshit jain started calling me every 1 hour and threatening me that i should pay now or else they will write of the amount of rs.2.5 lakhs i have paid.

After that mr. Arun kumar singhania refused to give any call and he said he has transferred my file to mr. Hakshit jain and he will give call only after paying rs.1.5 lakhs and mr. Arun kumar was continuously threatening me on phone that i need pay. I have asked him without my consent how my file is transferred and he refused to answer my question rather and threatening me to pay.

I would like to ask money classic is this the way you give services to customers, even after paying rs.2.5 lakhs and because of wrong call from your colleague made a loss of rs.1.4 lakhs your team is threatening me to pay another rs.1.5 lakhs. This is clear case of cheating from money classic.

Regards
Ramaswamy v
New delhi

Complaint againts money classic research and his empployee mr. Nikhil singaniya i paid him ruppess 50, 000/- (Fifty thousand)
He asked to me the amount paid for market investment but 1st we opened demade account so i paid by online via payu money i have all transation id and detail, so maney time i sent complain to companey mail id but no bady has given respond
I attached that mail which i sent that companey pls help me

Hi sir/madam
This is to inform my demat account is still not been procesed as said by mr-nikhil singhania has instructed that acoount will be active within a week from the day of payment, this is to notice that amount of rs.50, 000/- payment have been made from my end on 13.06.17 payment made for rs.25000/- & another rs.25000/- has been paid on 14.06.17, even two months have been passed my account is still not been processed, i have raised a complaint today with your helpdesk concern mr-arun kumar, ph no-[protected] & he was specifically mentioned that we dont open any demat account, we are the trading advisor since it was me who has not notice before making a payment that it is a trading advisor company nor a demat account opener, and i have been consecutively calling up mr-nikhil his not responding to my calls if he responds he is speaking with a other name, so plaese humbly request you to kindly help me out in this, its my mistake i completly regret on that kindly help in getting this amount re embereced.

Payment id -
Your payment (Id[protected] of rs 10000.0 for money classic is successful.
Your payment (Id[protected] of rs 15000.0 for money classic is successful.
Your payment (Id[protected] of rs 10000.0 for money classic is successful.
Your payment (Id[protected] of rs 12000.0 for money classic is successful.
Your payment (Id[protected] of rs 3000.0 for money classic is successful.

Hi,

We had paid all emi of two wheeler loan month of march-2005 but we have not received noc certificate till date. So, request you please provide noc certificate of two wheeler loan.
Deatils as per below:-

Name :- naresh w keshwani
Member id :- [protected]
Model :- activa
Vehical no :- gj-01-dq-7826
Purchase date :[protected]

Loan from :- ge money finance

I was assured with steady intraday calls and i have paid their monthly premium.
I have started receiving calls and they demand you to invest as much as u can by ordering you to take more and more lots.

I have made a hefty loss day on day - almost lost 100000 in 4 days of their calls.

When the associate's call went wrong then they direct you to someone called senior manager, and her/his calls also went wrong then they further direct you to some one else and finally his calls also go wrong now none of them will lift your calls.

This is a bull # compnay will full of frauds and their intraday calls sucks with lack of knowledge and basics

Hi sir/madam
This is to inform my demat account is still not been procesed as said by mr-nikhil singhania has instructed that acoount will be active within a week from the day of payment, this is to notice that amount of rs.50, 000/- payment have been made from my end on 13.06.17 payment made for rs.25000/- & another rs.25000/- has been paid on 14.06.17, even two months have been passed my account is still not been processed, i have raised a complaint today with your helpdesk concern mr-arun kumar, ph no-[protected] & he was specifically mentioned that we dont open any demat account, we are the trading advisor since it was me who has not notice before making a payment that it is a trading advisor company nor a demat account opener, and i have been consecutively calling up mr-nikhil his not responding to my calls if he responds he is speaking with a other name, so plaese humbly request you to kindly help me out in this, its my mistake i completly regret on that kindly help in getting this amount re embereced.

Payment id -
Your payment (Id[protected] of rs 10000.0 for money classic is successful.
Your payment (Id[protected] of rs 15000.0 for money classic is successful.
Your payment (Id[protected] of rs 10000.0 for money classic is successful.
Your payment (Id[protected] of rs 12000.0 for money classic is successful.
Your payment (Id[protected] of rs 3000.0 for money classic is successful.

Hi mera name anshul mehra hai mujhe money classic research se ajay sharma ([protected]) ka call aaya mujhe ajaay sharma ne company ki complaints, track sheet, company policy, terms & conditions, service charges btaye or mene money classice ko 05/07/2017 ko classic cash ki service 15000/- pay kiye mujhe ajay sharma ne properly support diya and money classice research ki service bhut aachi h mujhe roj msg aate h me trading krta hu
Thanks & regards
Anshul mehra

I had sent rs16000/- on 23/06/2017 through payumoney and their transaction id is recorded with me. The amount was sent for investment in intraday on the advice of advisors from money classic research-sebi registered advisory firm through their mobile numbers [protected] & [protected]. Since sending the money i have not received any receipt/ intimation regarding investment made etc. On my seeking refund through e-mail their is no response. I had made complaint to the customer care of money classic research and to consumer complaints (Indian consumer complaints forum), but their is no action. I have made complaint to finance ministry giving details of the case and my followup complaints. For my fir the police have sought the call details, the payumoney details and my sent e-mails alongwith complaints lodged wherever, which i am providing.

T k chakraborty