[Resolved]  Money Classic Research — share equity cheating and threatening

Address:

New Delhi, Delhi, 110075

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