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Gangtok, Sikkim India
Fraud by Nirmal Bang (Kolkata Branch)
Nov 06, 2014 09:46 AM 27974 Views

Customer Service:


Fraud by Nirmal bang(kolkata Branch)

Name – Samyamoy Dasgupta

Client ID – 11430149

BK code- E0011962

People involved –

Manager Equity - Rajib Ghosh(Kolkata Branch)

Cluster Manager –Saurav Basu Mallick(Kolkata Branch)

4 months earlier in the month June I got a call from Rajib Ghosh  Manager Equity on behalf of Nirmal bang stating that I can open an account with them and make a share market investment. I agreed to invest and he did visit my home and I paid an amount of 25, 000 to him. Later Saurav Basu Mallick-Cluster Manager of Nirmal Bang, did come to visit my home again after a few days, he assured me that he would treat it like his own account and will take care of it, and I paid an amount of 75, 000 to him.

A total of 1 Lakh rupees has been invested by me. They had committed that within 3 months after my portfolio has been made, I will get a good return on my money, estimated 3 to 4 lakhs, and I need to this mention that I DID TELL THEM THAT  I CANNOT GIVE MORE THAN 3-4 MONTHS TIME FOR THIS, and they did commit that it is enough for them to return it(I have a recorded call as proof wherein this fact is stated).

Also all the while I was given no details about my account or anything related to the investment, I never got a call asking for permission regarding the shares being investment, I had not even shared my password as well but he explained that somehow he has invested the money from account so basically it is without my permission .And even after repeated asking, they kept lagging on the response. On 21st October, 14’ Rajib Ghosh did meet me, he was carrying some papers which he asked me to sign, I wanted to read but he did not allow me to read them.

We met on the road quickly he made me sign it and then left. Recently when I started inquiring about what was happening about the share, and I needed to know information about it they kept saying they will send it, and after I did strictly asked about it, then they did send me an email, and I was shocked to see that there was no portfolio made as committed, instead there was a day to day investment detail that too all with losses showing, and I have just 2200 rupees left in my account now.

There was supposed to be an agglomerated investment- a portfolio  and not a day to investment, when I was out of my wits and asked them what have they done with my money, and why I was not even informed anything, even if there was anything negative was happening I should have been informed about it, atleast I should have been given an option to choose what to do.They never contacted me never told me any details, instead they kept disconnecting my calls, kept avoiding me.

Now that I knew everything, they asked me to meet them on Friday, Saurav Basu did accept over phone that it is his mistake, I said I wanted my money back but they cannot do that, they are not even ready to take ownership of the issue, instead they threatened me that they will do something bad, and they are now asking for time to return, I have proof to all that I am stating, if one goes through the details everything would be crystal clear that they have taken there own dividend profited nicely, and were not concerned about my profit at all, and now I need my entire investment returned with interest as committed to me, and I do not want to continue with Nirmal Bang.

If I do not get it back I will take whatever necessary action is required to get my money back- I am not a millionaire ready to be robbed, that is my money earned with hardwork and not looting people or being sly and convincing them, and I am not going to take it easy.

They are not eligible for a single star, but I don't have any option.It is my suggestion please don't open any account with Nirmal Bang.(kolkata branch).

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Nirmal Bang Securities Limited