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Nagpur India
Cheating in Portfolio management
Jun 17, 2012 03:18 PM 7006 Views

Service & Support:

Staff Courtesy:

Relationship Manager( Raghunath Jaitley) from Indiabulls approached to me for share trading and portfolio management. I have invested 3 Lakhs when the market was low. Within 5 months, market boom to new high and to my surprise my balance was reduced to Rs. 3000. When approached Indiabulls various offices, nobody bothered to even meet at their office receptions. Relationship manager stopped lifting phone. When I complained to highest management including MD and CFO, there was poor response and they mentioned this is trading made by you and lost all money. I have made multiple request to at least meet and discuss but nobody was bothered to even to receive call. Response from the MD and CFO was extremely poor.


When I enquired further came to know that smartly India bulls make trading calls to you and record your voice for trading as a proof. They make trading in the scripts to make their brokerage and companies they need to support for their selfish interest.


I have lost my hard earned money- 3 L due to Indiabulls cheating and hence writing to you may like to avoid dealing with Indiabulls in future for any of the business they do.

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