Capital Life Market Research Reviews & Complaints
Reported By: suresh ghangas
Contact information:
Capital Life Market Research
CAPITAL LIFE MARKET RESEARCH SEBI REGN NO INA000001365
The company Capital Life Market Research with SEBI Regn. No. INA000001365 have made fraud with me Rs. 27 Lac Approximately. The company made me emotional fool by making false promises first I was told that my work in stock market would start with only Rs. 5 thousand but later it was said that this plant was not right for me, so to get assured benefit I should start my work with Rs. 34000 and that I have to keep only Rs. 10000 in my demate account. It was never told to me that I have to pad near about Rs. 27 lacs as a service charges. Company promised me that I would earn one crore in one year by following their guidelines because company’s team which includes an executive, an analyst and a live analyst and a researcher, would work for me. But it was not explained to me that I had to pay extra charges for this team. Every time different excuses were made to get more payment. You can judge it by yourself that I made my first payment to company on 10-08-2017 and this process of payment continued till 11-10-2017.
When I have paid Rs. 26,52,335 (INR) to the company and I lost my one lac rupees by work in stock market under the guideline of the company. At that time the company told me that equity market was not suitable for me and I should work in commodity market. For this the company again asked me to pay 5 lacs rupees. Though I had paid 26,52,335 rupees to the company yet the company had given the receipt only Rs. 5,38,860 Rupees. Different excuses were made when I asked for the receipt of Full payment. Most of the payment was deposited in a saving account of company’s employee. When I asked to return my money back the company denied to do so and told me that it was their service fee. Though I have work in the stock market for only one month. When I threatened to complaint against the company it was said to me that nothing would happen by doing so. For the last two months company’s employees are trying to convince me that it would be good for me if I work in the stock market under their guidance instead of complaint against them. Company’s owner has also promised me that he will resolve the matter within two days. But nothing was happened. The owner has also promised me twice to meet me in Delhi to resolve the issue. But he didn’t come and now he doesn’t even pickup the phone.