Ved Enterprises — fraud regarding dealership and not refunded the amount of 50000/-

Address:	201-Sterling Arcade, Racecourse Road In Front of Usha Raje Holkar Stadium, Indore - 452003 79743-22436, Indore, Madhya Pradesh
Website:	[email protected]

Respected sir,

Myself vivek singh currently residing in nashik, maharashtra.

Sir i have taken online business delearship with ved enterprises, indore based online trading company on 21 sept'2019. The business is of delivery of products on which profit will be shared and agreement is done.
I have given rs.50000/- as a security deposit in cash. They sent me a parcel billed value of 97000. It was some kind of tablets.
As per their agreement they committed 3-8 orders per day.
First month they given only 9-10 orders in last 3months. From which all are cancelled on telephonic communication only and only one is delivered for which i have got the remuneration rs. 700/-.
After that till this they have not given any order. I contacted many time for further orders but there was no positive response from them. So on 30th oct 2019 i sent a mail to company for cancellation and to refund the amount. But they didn't replied for the mail till. After the follow up they have replied and commited to give the refund on 15th december 2019. On 16th december when i haven't got any money, i have sent a mail against which they have replied on 17th december that they have transferred the money through mobile net banking and sent me the receipt copy on mail. After that till 20th december i haven't received any money so i asked them for there address to reach there and discussed with them as they are saying that they have changed there old address. But they haven't given any address to me. I have feel that there is something wrong. After that i have reached the axis bank of which the person has sent the receipt to me. There i have shocked after listening that the account balance is zero and they haven't done any transaction in current month.

I came to know some other people also facing the same issue.

The company address which they given before is
Ved enterprises,
201, sterling arcade,
Racecourse road,
Infront o[censored]sha raje holker stadium,
Indore 452003.
[protected]@vedenterprises. Online

I request you to please intervene and do needful to get back my deposit.

I can provide all the documents, mails and details to you.

Thanking you,
Yours faithfully