Religare Securities - Unauthorised trading on my a/c
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Complaint by: Subodh on November 1, 2010, 1:00 pm in Banking and Finance

I am yet another victim of Religare securities. I regret the day I opened a demat a/c with religare.
I should have checked about this company in internet.

The hard fact for me is that I have lost my 75k/- rupees and religare made my a/c debit by another 1.35 lakhs. My RM did transaction for 18 Lakhs in nifty call/put without informing me.

This company has RMs' who confuse individual investors and make their own money as commissions.

Complainant's Goal: To get my money back
Complainant's Target: Religare Securities
Complaint Location: India › Delhi
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Recent Comments
6.
Thu, 27 Dec 2012  Sanjeev Sharma

I am looking to hire a professional who can help me with a similar religare cheating and fraud case..

5.
Thu, 24 Feb 2011  Dharam Malik

Dear Sir/Madam
We are from “Law Masters Consulting Pvt. Ltd.”, A company which is managed and run by professionals those has vast and rich knowledge as well as experience relating to “Capital Market”.
We deal in Capital Market Legal and compliance matters and advice our clients on various disputes emanate in Capital Market due to misconducts. We have nationwide network and work in different constituencies to serve our clients throughout India.
We have gone through your matter which has been posted by you at different forum. It is fact that 7 out of 10 clients are being cheated by some miscreant in the market and client due to lack of knowledge never take up his matter diligently through appropriate channel. Client suffer losses due to various misconducts in the market, that includes
1. Unauthorized Trading in client account.
2. Trading just to earn excessive commission and brokerage.
3. Trading in any particulars segments of capital market, in which the client has not sign the agreement.
4. Guarantee against the losses and assured return
5. Breach of Code of Conduct and good business practices which is ordered by Stock-Exchanges.
6. Any others types of discrepancies by the brokers or sub –brokers.
7. Miss appropriations of shares and other securities
You may contact us for free counseling and discuss your matter with our expert on the panel.
Thanking You.
With Regards
Team Law Masters
Mobile 0********16
Ph: 011- 22754594
Email- dharam@lawmasters.in
contact@lawmasters.in
Log on -www.lawmasters.in

4.
Thu, 27 Jan 2011  igsc

I support this complaint.

3.
Sun, 23 Jan 2011   Message By Complainant Subodh Kumar

This is for the readers of this site. I have already filed a case in consumer court in Delhi. Lets hope that the truth wins. You can send me email to know the case no also.

Thanks,
Subodh.

2.
Sun, 23 Jan 2011  vasant

I support this complaint.the religare

security has useed clint accouts & money for himself benifits you are suggested that tkake the suggetion from legal advisor and go through the consumer court

1.
Mon, 01 Nov 2010  Message from iComplaints.in Helpdesk

An email communication has been sent to Religare Securities on November 1, 2010, 1:00 pm