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Classicfinancials In - Cheating by Share Market Advisory Company

Vasanthkumar K filed complaint against Classicfinancials In on Dec 25, 2019

I have invested *,**,*** Rs money in the share market on *th Oct **** with the help of an advisory company named (http://classicfinancials.in) and subscribed to their Portfolio Management Service (ie. they will trade in my Demat on behalf of me). Initially they gave me good profits around **k within in a week and I paid them **% on that. Unexpectedly the sales girl named Keertana ,she took my account without the knowledge of management and lost most of my capital around *****. Then she said that with the remaining **,***Rs, the research team from the company will recover my loss, but she again traded without my knowledge and the management and lost all of my capital including my profit of **k so totally I ended up with the loss of *.* lakhs. After that she switched off her mobile and vanished. I couldn’t reach her back. She literally looted all my money. I tried to reach the management but no response from them. Kindly help me to get my money of *.* lakh back from the classic financial company along with a compensation of * lakh for my mental suffering and pain.

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Complaint Status

Resolution Demanded:

Apology letter from company

Refund / Credit for purchase

Damages for loss and agony

Classicfinancials In

1

Total Complaints

1

Total Resolved

100.00%

Consumer Satisfaction

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