Flat No: 611, F. I Gangasagar appts, 53- B. Ram Teerath Marg, Narahi, Behind Shakti Bhawan +919369031655Author Profile
Category Pending Review Added Sep 24, 2014Location NBFC Product Fraud - SharekhanAdded Sep 24, 2014Location NBFC Product Fraud - SharekhanViews 568Rating
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This is regarding the series of frauds committed by Sharekhan using the new NBFC Product…

This new product of theirs is a complete fraud…None of the people seem to be aware of the product and it is purely managed by the whims and fancies of branch authorities..The branch authorities with absolutely no knowledge of the system offer limit to the customers and then square of the customers position in the next 2 days..These people are resorting to this new way of cheating customers…..When asked or escalated to the head office, they cover up by saying this is taken care by the branch people and we are not responsible..These branch people after making the sell orders and receiving their commission dont even respond to calls/ignore as such…This is such a daylight robbery executed by Sharekhan in the name of a new product – NBFC…They dont have this system online which was promised within 2 months when this so called fraud product was launched..As a customer, I have suffered lossed to the tune of 5 lakhs in the matter of 3 months (ID:961000) because of this fraud product and fraud branch people (Chennai Alwarpet Branch) and Sharekhan Main Office….Appreciate if SEBI or someother concerned authority can take legal actions against these cheats and ensure justice is provided to innocent retail investors….

NOTE:  Poor Retail Investors – Dont opt for Sharekhan's NBFC Product and suffer huge losses..This is daylight robbery committed by these cheats…

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