Trade India Research — extortion of money in fraudulent way
A
Ashraf Wani
from Srinagar, Jammu and Kashmir
On 26/12/2017 i purchase service for equity cash segment for rs10000 from company. After payment excuitvie mr absheikh gupta called me a said that inirder to increase buying limit in my demat with 5 paisa.com i have to pay rs 21932 as security deposit which the campany will deposit in dalal street i paid the same in two installments on 26/12/17 and 27/12/2017 but this all seems to me confusing and fraudulent i kept enquiring the same from company but all in vain. The company said there is no such product in the company where they can increase buying limit in any demat. I lodged several complaints with company but no resolution. So for as service of the company is concerned i have not booked a single rupee profit instead take a lose of rs 5.76k in two weeks. I asked the company to hold my services til resolution of my payment. The excuitve of the company are just asking for more money to switch over from one service to another after making lose in your trade account. The company extortionate money on deceptive promises and once you make a payment of few thousands they keep black mailing you to pay for that pennel rs 1lakh for that and so on stay away from this fake company they will never make you to book single rupee profit
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Trade India Research customer support has been notified about the posted complaint.
Jan 13, 2018
Updated by Ashraf Wani Now i am seeking refund of Rs 21931 taken from me in fradulent way and same has been raized with the company through email conversation
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