Money Classic Research Complaints & Reviews

Money Classic Research boasts of providing services and advice related to Stock and Commodity Market based at Indore. It is a big fraudulent company. First they will convince you to take the free trial. If that call happens by luck then they will ask you to pay some registration amount. If that calls does no happens they convince you that one call is too early to judge and provide another call. After paying the registration you will get the call saying that they are from the company's account department and company is giving you an exclusive offer and will ask you to pay for three months or like that. They identify the movement in technically weak stocks and provides the calls for the customers. Initially they show you an excel spreadsheet posted in their website regarding the calls that they provide to the customers. But this list is very much different the calls they provide to you. There are so many similar companies located in Madhya pradesh -Bhopal & Indore which loots the traders. So please do not believe in them. I request all to do your personal homework and do not take this type of services. If any one knows the odds why did they trade for their own.

Money Classic Research Indore — Taking money by misguiding clients and not giving service

1 Review
He hemant gupta jaipur on Jun 7, 2016
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This company Money Classic Research indore is totally fraud. This company Employee Rahul Sharma misguide the clients and ask to deposit the amount in his account. I have deposit 10000 rupees and my services has not yet start.
I say to all clients please beware of such type of fraud companies and reserve your valuable money from such companies like money classic research and its emloyees like rahul sharma.

I have paid Rs 24440/- for there service on discount as per them .But they stop service after one month .I have given complain about this but they show it resolve without any communication.This company knows only money for themselves not for the money earned by the hard working customer. First they call you in phone and told you that you will earn about Rs 1 lakh per month.But after you take service they will ask money for different reason oterwise they will threatening to stop service.So don't receive call from money classic research .They will brainwash you and make you kangal.
My phone no-[protected]

Hii, my name is dharmendra savaliya from surat (+91 [protected]/+91 [protected]). Oneday i have call from money classic service executive mr, rahul and said you will earn monthly 1-1.5lakh/month, but i am said i am not interested. After this executive call another day and said joint our company, our company sebi registered and said our company give 100% profit and emotionally said i am your brother and trust me, so i am trust this person and i am agree for work. After this executive said paid service charged 2500 rs/-, so i am paid. After this executive said 22000/- paid for classic service, but i am not agree. After mr. Rahul said you are lucky customer our company, so this service give only 11500/- rs and this service give 100% profit. So i am paid 11500 rs/- for this service. After this, mr. Rahul gives tips and i have work started. Than i have profit this call 1300rs/-. After mr. Rahul gives tips call another days, i have loss 7000rs/- on bfutilies call. After this guys transfer my file another executive to mr. Rajveer singh rajpoot (+91 [protected]), those person are lyre and cheat me. Mr, rajveersing rajpoot also demand for paid another 11500rs/- another your classic service stop. So i am paid this money and mr. Rajveer singh also said i am earn 1-1.5lakh/month to me. After mr rajveer also demand for paid another 1600rs/- for submitted your file charge. So i am paid 1600rs/-. After mr rajveer rajpoot said generate your portfolio and gives tips call from our company researcher and gives one personal researcher for you, and this researcher gives 100% call and paid for 9000rs/- for this portfolio service. And i paid 9000rs/-. After mr rajveer call me non working day sunday and discuss about demet account, said your demat account limit is less and open demet with our company and company gives 10times limit and earn profit 10000rs/days and transfer this profit in your account. First mr. Rajveer rajpoot said pay 10143 rs/ for demet a/c in company account and written portfolio when paid company account. So i am paid 10143 rs/-after mr. Rajveer rajpoot said pay another 10143rs/- in company demet a/c because your amount is small so less investment and less profit. So i am paid 10143/- and said mr rajveer written portfolio when you have paid. After next day called and mr rajveer rajpoot said you are profit 1000rs/- on nilkamal. So i am said release this 10000rs/- profit transfer my account, but they refused for this profit and said paid another 9143rs/- service charge for getting this profit. So i am paid 9143rs/- and said release my profit because i am need rupees an emergency. But after paid change mind and mr. Rajveer said loss in nilkamal, so i am said refund my total money, but mr rajpoot worst behaviour with me and said pay another 9143rs/- and ralease totsl money and i am not paid this money. After me complaint money classic reserch company no (+91 [protected]) and said solve my problem, but those are also demand for paid remaining payment, change your tips adviser, also not solved my problem. So i am claim this both person and company cheat, laying person, fraud. I am claimed this company total 90000rs/- for chat, mind spoil, money demand, not give response, lying, time waste, call cost, big fraud, play game another money. Please solved my problem... I have attache some rupees transaction recipe... And require another document i am also give...

I have taken service from said company for 3months. Since at that time holy offer was there according to them I have paid Rs24444/-.But after one month they stop service and asked me to pay another Rs16000/- for continue of six month service. But when I told them that I have fully paid for three month package, they charged Rs6000/- for continuation of service.

I am one of the affected person by this fraud company due to the false commitments and lost my hard earned money..Beware of these people…

I interacted with ram patel/shubam maheshwari/amit sharma(Mandloi)/jyothi or neha.

These people are ethic less and use customer’s greed to run their business.

• never pay any extra money until you turn profit, which is highly unlikely.
• they will return the call only if the call is in profit, if it is in loss, then you are on your own.
• they will call you during month end and ask to pay huge money for their month end targets during this time they will promise everything and anything you ask for.
• when you hesitate to pay the fee, they will promise some committed huge profit in short time frame, which any logical minded person knows it is not possible.
• they will call during non business hours like 10pm or sundays and say they are in trouble and beg you to pay the money to save them and in return they will promise they will devote their life for you. You will know soon that there are job is over with you and they will move on to another prey.
• they will say that eminent analyst from business channel visiting their office and ask you money to transfer your file for his recommendation.
• what is the point of buying their service for 2/3/6 or life time when you only make loss. You can buy their service when your only aspiration in life is to loss money.They are excellent choice.

I went through much more than what i quoted here, i only blame my greed.

Never give your hard earned money to these people.

Hi all,

Initially these money classic research guys asked me to pay 11000 for monthly services for options.Once i paid the amount rohit rathode and amit sharma (One of the director) called me and asked to pay another 20 k which will give service for 2 months along with phone support. I lost 1 lac 46 thousand rupees in just 4 options calls.

Still these guys called and asking to pay another 15 k to complete the file to activate the service. When i talk about the loss they even do not bother about the big loss which i had, still they are asking to pay the money then only i will get calls. Really this is worst company which i have seen taking huge amount of money and gave huge loss,
Guys honestly, please do not loss hour heard earned money by taking service from money classic research as they do not know how the markets movement at least.
A beginner can tell easily if the market is positive then take call, if -ve then take put. Still these guys do not have this kind of basic knowledge.
Snr.[protected]@gmail.com

Regards,
Nagesh

I started the service by paying 4000 for nifty calls .. One week i got good calls .. From mr tushar rajput .. But in the mean while, .. Miss pooja said calling from same company said to join her to give calls... But why they were competing themselves i donot know till .. One day i came to know that tushar phone was not reachable and customer care team did not have his number or they did not share with me .. In the mean while one week of good call . Tushar has take n more 3143 from me .. Means total of 7143 for only one week of service against the promise of four months telephonic support service...
This is a cheat company .. Now pooja saying that u start service by paying to her ... Can any one from the top level of company talk .. Or they will proive that they are really fraud ...

Sir/Sirs
I joined your company after paying 3500/INR.Mr Jayaswal promised me to provide me regular advise to buy stocks.A few days later he started demanding money on the pretext he is in need of money .He asked me to help him and promised to help me to earn more money.Meanwhile he caused me a loss of20000/ rupees .He again asked me to pay him money.I refused to pay him any money.
He declared that he wouldn't advise me any further.
Since than we are not in contact.
Ummedsingh Narawat

I have been registered for intraday tips at the said company. I lost almost Rs. 1 lac in three trades.
company had provided me a tip to go long in NEELKAMAL at Rs. 1619 without giving a
stop loss, when I asked for providing a stopp loss, it was informed that SL is not required
and the advisor is seeing the screen. Same day the stock slipped to 1252 resulting into a net loss of almost Rs. 100000/-
The said call was given by Mr. Sidharth. When I made a call to the office of the said compny, one of the advisors Mr. Sridhar Pandey told me that he has scolded Mr. Sidharth
for giving call without SL and he assured me to provide me a SURE CALL by which not only the said loss may be recovered but also to make profit. He did provide me again call
of NEELKAMAL and again I made a loss. Then he neven did provide me any call. I talked to Admin Manager Mr. NITIN who assured me to look into the matter, nothing happened.
Kindly look into the matter.

DHARMENDRA KUMAR
[protected]

Moneyclassicresearch.com Money Classic Research and Analysis is just a useless and bogus company you guys just keep yourself away from such company.
Hina Jaisawal ([protected]) guaranteed me 80 - 90% return from their calls and I subscribed their services. However after making loss of 4500 in two days I stopped following their calls.

Please stay away from such company who provide trading calls, they make money by generating volumes in a particular stock. Use your mind and analysis while trading. Stop taking paid services or else you will regret later.

Dear Sir, I am Madhusudan Vithal Hangekar, Asstt Engineer (QA) working in DGQA, Ministry of Defence, Mumbai.On 27/11/2015, a phone call from Mr Rahul Kushwaha (Mb [protected]) came telling me that if you pay Rs 5, 000/-, I will make you huge profits from Intra Day Trading and from profits gained you have to pay our commission.He further told that this is one time payment only.On good faith I have made online transfer of Rs 5, 000/- from my SBI account to Company's current A/C No.[protected] on the same day and intimated him.A copy of the transaction is forwarded herewith as an attachment 1.After some time a call from your Rep Mr Sunil Patel (Mb [protected]) came and he told me to pay further Rs 10, 000/-for 6 months service.At this time also on good faith, I have deposited Rs 10, 000/- by cash in Company's ICICI Bank A/C No.[protected] through ICICI Bank, Mulund, Mumbai Branch on 27/11/2015.A scanned copy of the counterfoil is also forwarded herewith as an attachment 2 .At this time I asked Mr Patel whether I have to pay further? He told me that I have not to pay further a single paisa and my work will start from Monday i.e.from 30/11/2015.However one call from Mr Sarthak of service deptt has come to deposit a further amount of Rs 7, 143/- as a Govt Tax to complete my file.However, this time I have not paid the money because step by step they started demanding money from me. Due to above, I got very much shocked & depressed and decided not to join your Company at present.Also due to this misrepresentation from Company's Reps, your company's reputation gets spoiled.Hence, you are requested to warn your employees for such unfair business practices and refund me my amount of Rs 15, 000/-for which I have not taken any services from your Company.My Bank details are as under :-Madhusudan Vithal Hangekar, SBI savings A/C No.[protected], Bhandup (Mumbai) Branch IFSC Code SBIN0000562 You are requested to kindly refund Rs 15, 000/- to my above bank account at the earliest for which I will be very much grateful to you throughout my life. Thanking you. Yours faithfully Madhusudan Vithal Hangekar Mb [protected] Dear Sir, please refer your e mail dt Dec 18 in which you have told that my complaint will be resolved on joining your Adviser on 28/12/2015 who are looking my complaint.Hence you are requested to look into the matter and resolve my complaint by refunding my Rs 15, 000/- which have been collected on Company's name by your Reps Shri Rahul Kushwaha & Shri Sunil Patel by using fraudulent & unfair business practices. Eventhough, I have raised my complaint before proceeing further, your staff has raised false invoices on me and also prepared my details which are false and incomplete.On receiving your first SMS on my mobile, I had already told Mr Kushwaha & Mr Patel and also on your helpline number that I have raised a complaint and also I am not trading and not to send SMS on my mobile.Eventhough your Co.Reps continued to forward SMS and still I am receiving such SMS which are of no use to me as I am not doing any Trading. In view of above, you are earnestly requested sir, to warn your employees for misguiding the public and collecting money from them on Company's name thereby spoiling the name and fame of your ISO standard Co.You are therefore once again requested Sir to refund my Rs 15, 000/- for which I have not availed any services from you as I am not knowing ABC of trading. I will be very much obliged to you sir for your act of kindness as requested above. MV Hangekar, Bhandup, Mumbai-400 078.(Maharashtra) Status of the complaint not yet known

Dear Sir, I am Madhusudan Vithal Hangekar, Asstt Engineer (QA) working in DGQA, Ministry of Defence, Mumbai.On 27/11/2015, a phone call from Mr Rahul Kushwaha (Mb [protected]) came telling me that if you pay Rs 5, 000/-, I will make you huge profits from Intra Day Trading and from profits gained you have to pay our commission.He further told that this is one time payment only.On good faith I have made online transfer of Rs 5, 000/- from my SBI account to Company's current A/C No.[protected] on the same day and intimated him.A copy of the transaction is forwarded herewith as an attachment 1.After some time a call from your Rep Mr Sunil Patel (Mb [protected]) came and he told me to pay further Rs 10, 000/-for 6 months service.At this time also on good faith, I have deposited Rs 10, 000/- by cash in Company's ICICI Bank A/C No.[protected] through ICICI Bank, Mulund, Mumbai Branch on 27/11/2015.A scanned copy of the counterfoil is also forwarded herewith as an attachment 2 .At this time I asked Mr Patel whether I have to pay further? He told me that I have not to pay further a single paisa and my work will start from Monday i.e.from 30/11/2015.However one call from Mr Sarthak of service deptt has come to deposit a further amount of Rs 7, 143/- as a Govt Tax to complete my file.However, this time I have not paid the money because step by step they started demanding money from me. Due to above, I got very much shocked & depressed and decided not to join your Company at present.Also due to this misrepresentation from Company's Reps, your company's reputation gets spoiled.Hence, you are requested to warn your employees for such unfair business practices and refund me my amount of Rs 15, 000/-for which I have not taken any services from your Company.My Bank details are as under :-Madhusudan Vithal Hangekar, SBI savings A/C No.[protected], Bhandup (Mumbai) Branch IFSC Code SBIN0000562 You are requested to kindly refund Rs 15, 000/- to my above bank account at the earliest for which I will be very much grateful to you throughout my life. Thanking you. Yours faithfully Madhusudan Vithal Hangekar Mb [protected] Dear Sir, please refer your e mail dt Dec 18 in which you have told that my complaint will be resolved on joining your Adviser on 28/12/2015 who are looking my complaint.Hence you are requested to look into the matter and resolve my complaint by refunding my Rs 15, 000/- which have been collected on Company's name by your Reps Shri Rahul Kushwaha & Shri Sunil Patel by using fraudulent & unfair business practices. Eventhough, I have raised my complaint before proceeing further, your staff has raised false invoices on me and also prepared my details which are false and incomplete.On receiving your first SMS on my mobile, I had already told Mr Kushwaha & Mr Patel and also on your helpline number that I have raised a complaint and also I am not trading and not to send SMS on my mobile.Eventhough your Co.Reps continued to forward SMS and still I am receiving such SMS which are of no use to me as I am not doing any Trading. In view of above, you are earnestly requested sir, to warn your employees for misguiding the public and collecting money from them on Company's name thereby spoiling the name and fame of your ISO standard Co.You are therefore once again requested Sir to refund my Rs 15, 000/- for which I have not availed any services from you as I am not knowing ABC of trading. I will be very much obliged to you sir for your act of kindness as requested above. MV Hangekar, Bhandup, Mumbai-400 078.(Maharashtra) Mb - [protected]

My name is ranjit, i have registered complaint on 29th oct 2015, against moneyclassicresearch.com which is operating from indore m. P. With fraud service, i have undergone huge loses (Above 700000/-). Moneyclassicresearch.com complaint response department told they will resolve my case and recover my money, they directed me to get tips from cubicresearch.com indore mp company. Where i have undergone loses again around 93000/- (This company looks like sister concern of moneyclassicresearch.com). Cubicresearch.com do not have proper research/back up support for customers. Now i have lost faith with this complaint resolving department. All these company's are fraud, the customers are only losing money

I had received call from company regarding personalized service for intraday share tips on 19112015, i paid rs 19000-for services for six months, on 30112015 I received a call to pay rs 8000-more otherwise no promised services will be provided and they threatened me.on 01122015 I made comp;laint to co to sto[p my servicers and refund my money.i did not get any receiept for money paid to company.on making complaint the e mail me on 01122015.which is against income tax law.they have made cheating with me.i donot want to continue my services and want refund of my money.

cell no 91-[protected] name money classic research address 202-203 modi mension e b 250 sch 94 ring road indore m p on telephonic call i made payment of rs19000 through neft on 19/11/2015 for six month services as assured by company.On 30112015 i received a call on 30112015 to pay 8000- more for same services otherwise not to give personalized services as promised.No rerceipt of payment was made till 01122015 .Which is against income tax a law and company law.I got mail in this regard on 01122015 after i made complaint to company to stop my services and refund my money.Ads i was cheated by v company.Stern action should be taken against company and cancel their license.Please gert my hard earned money back

This company is going around cheating people and making money by fooling everyone. I was told by Mr. kuldeep Singh thakur from the company that I could open a demat account with them. I paid them 43000 to open a new demat account and I got cheated. It's already been a month since I made my payment. No account has been opened yet and today when I call him he says we never spoke about opening an account. To the management of the company, this is my hard earned money and you do not have any right to play with my money. I need a refund of my money or a new demat account to be opened in my name as agreed upon mutually. This is my second complaint against the company. I do not have anything against the company but I need to have a account of each rupee I spend. There was no response to my previous complaint and no action was taken. Atleast this time I hope something will be done about it.

This company is going around cheating people and making money by fooling everyone. I was told by Mr. kuldeep Singh thakur from the company that I could open a demat account with them. I paid them 43000 to open a new demat account and I got cheated. It's already been a month since I made my payment. No account has been opened yet and today when I call him he says we never spoke about opening an account. To the management of the company, this is my hard earned money and you do not have any right to play with my money. I need a refund of my money or a new demat account to be opened in my name as agreed upon mutually

1. I have been taking research service for last 3 months and have paid 72000₹. Mr. Kuldeep Singh thakur from the company was handling my case. I have got the receipt for 65000₹ only. 2. From the past one week I was forced to pay 43000₹ In 4 instalments to open a demat account. No receipt or acknowledgment given to me so far. Today I was asked to pay 12000₹ again which I can't afford and when I refused to pay the amount I was told no account will be opened and no service will be given to me till I pay 12000₹ and my 43000₹ will go waste. At first they asked me to pay only 21000₹ to open a demat account. But still I've paid 43000₹

This complaint is about stock service by Money Classic Research indore Company of India. I received call from Mr.Rohit (who is the marketing broker of your company fishing for deals) For espresso service tips, I have paid him around Rs/-53000 for this service for 2 months but I was undergoing loses. Then he introduced me to Mr. Prakash Avasthi (Research head of your company).He demanded Rs/-200000 for 2 years classic future tips. I paid him the money on 16/06/2015. He gave me future tips in first month. His tips were useless. He made me to hold long positions above 10 lots in stock futures in second month. Then stopped answering phone calls, I requested him to clear my holding positions. He started demanding Rs/-50000 weekly to recover my loses. I was shocked by his miserly behavior, which I was not able to pay because I was already lost Rs/-700000 due to his fraud calls in long positions. These guys are cheaters; their calls are 50-50 accuracy. When you will question their accuracy, they will point to one of the excel sheet on their site. Let me tell you those excel sheets are total fraud. These sheets are totally manipulated. They will make sure that the data shown there is attractive enough to trap new customers. The catch is they never invest their money in this stocks, they just make in millions just by our subscriptions.

Since my subscription is valid up to 2017, Please arrange to refund my money which I have paid to them,

Thanks and Regards,

Ranjit.