Financial cheating Financial cheating

5 years ago

1. I subscribed for trading calls trial service of Rs. 5000/- on 25th October 2018.
2. As I said I might not be able to trade full time myself, they said will handle my DEMAT account and generate guaranteed profits of Rs. 12 lakhs in one month. But I will have to just pay 33% of 1,91,000/- so that they will recover that amount the very next day and then I can pay the rest. When asked for email confirming the same, they said will send immediately after payment. So, I paid for it.
3. To my surprise on 26th October they called me and said I will have to pay for the full amount and the software cost of Rs. 55,000 + GST. Otherwise, they can't start the work and again promised they will recover through trading profits by 2nd Nov 2018. So, I paid the rest by 27th October. A total of 2.5 lakhs was paid.
4. On 29th October they called and informed that they couldn't start trading as the expert was not in station and will start trading on 5th November. I asked for the email which confirms their guaranteed profit service. They said will send shortly.
5. I kept on following up and waited patiently for almost three weeks but as there was no response, I raised a formal complaint with the company narrating the entire story. Finally they sent an email which was totally in contrast with their promises prior to payment. So, I protested against this and clearly mentioned I do not accept it and they should not start the subscription without my consent.
6. But they are forcing me to take their service and are saying amount cannot be refunded as they do not have refund policy.
7. After raising complaint and giving time for refund, they are not responding.

Am at a total loss of Rs. 2.5 lakhs and have gone through severe mental pressure regarding this. I have call records to confirm my narration and the email exchanges with the company.
Kindly help me get my money at the earliest please.

ARPIT BATRA

Responded 5 years ago

A.You can contact us for the same.
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Vidhi Samaadhaan Vidhi Samaadhaan

ROBERT D ROZARIO

Responded 5 years ago

A.Lodge FIR against the company and its directors. If you unable to trace the directors' name and address, you can contact me for guidance. Secondly you need to send a legal notice through an advocate for the refund of the entire money. If they don't reply or make a refund, then file winding-up application against the company in NCLT. I am sure they will definitely come to terms and refund your hard earned money.
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Vidhi Samaadhaan Vidhi Samaadhaan

Deepak Yashwantrao Bade

Responded 5 years ago

A.dear client kindly file an FIR to the nearest police station on the Contact number form which you have received the calls.
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Vidhi Samaadhaan Vidhi Samaadhaan

Rajender Prasad

Responded 5 years ago

A.Dear client, you have not mentioned the full facts of the case. For details,pl. contact some advocate through vidhikarya.com
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Vidhi Samaadhaan Vidhi Samaadhaan

Neeraj Kumar

Responded 5 years ago

A.Dear,

To put the pressure on the company you need to file an FIR to the nearest police station on the Contact number form which you have received the calls.

I have seen this issue several times, these are a kind of sales tricks.

Hope you liked my advice!!
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Vidhi Samaadhaan Vidhi Samaadhaan

Kishan Dutt Kalaskar

Responded 5 years ago

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A.Dear Sir
I have solved such cases. Please contact me.
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Vidhi Samaadhaan Vidhi Samaadhaan

Shanti Ranjan Behera

Responded 5 years ago

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A.Dear Client,
Since I do not know the full story, it will be difficult to say.
But, I presume you have been cheated.
So, two things before you.
One, just obey what they say.( where there is a possibility you may get the money or more chances of loosing more money.
Two, File a case immediately through an Advocate from Vidhikarya.com
The choice is yours.
Shanti Ranjan Behera,
Advocate
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Anonymous

Replied 5 years ago

Thanks for the prompt response sir. Will it come under consumer protection act? Because the conflict is not regarding the profit. It is regarding the nature of service, which is intentionally misled. Also, if it is not under CPA and I want to pursue my case under civil / criminal law, will the jurisdiction be Bangalore (As I am in Bangalore and the online transaction was done from here)?

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Shanti Ranjan Behera

Replied 5 years ago

Dear Client,
Again my sincere suggestion would be to get the service through vidhikarya.com and that too through an Advocate from Bangalore City or Bangalore Area.That would be cost effective.
There is no point in wasting further money if it is your hard earned money.
Shanti Ranjan Behera,
Advocate

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Anonymous

Replied 5 years ago

Sir, thanks so much for the honest and prompt response.

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Shanti Ranjan Behera

Replied 5 years ago

Dear Mr.Krishnan,
We have already talked on this issue
and looking forward to have your response.
Shanti Ranjan Behera
Advocate

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Vidhi Samaadhaan Vidhi Samaadhaan

Rameshwar Dadhe

Responded 5 years ago

A.Dear sir u need to file money recovery suit against them immediately
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