Jul 13, 2011 10:29 PM
8380 Views
I am kiran kumar, opened demat account with way2wealth, hyd, maredpally branch. Initially invested 5k amount and they given 2k profit with in a week after that w2w representative called me up and asked to invest 20k to get more profits. One of the poor ashavadhi invested 20k. after that they did trading on behalf of me and given -10k loss after doing so many transactions. Every time they are telling wait for one month will recover all the loses. W2W earned almost 15k(brokerage) on my account by doing the transactions but finally they given 10k loss for me.
Here every on need to understand how they are cheating & bluffing the people. just they are making the by doing trading not giving any single pisa profit to the customers. if customer is asking the money simply they are adding some other transaction to ur account and showing this time we got this much profit…immly they are showing loss.
Just they are playing with people money. they do not have any research center or any exp on stocks. these happened with so many people. just want to pass this message all the people who want to invest amount in shares via w2w or some other stock broker comp. plz do not invest these kind of cheater companies.