Lkp Securities Ltd – Massive loss caused by LKP’s trading practices

We entrusted Rs 5 lakhs to LKP Securities for investing in the F&O segment. Within 2 months, the Rs 5 lakhs had dwindled to less than Rs 3 lakhs. LKP had generated brokerage of almost Rs. 1 lakh. All efforts at getting a response from LKP Securities have failed. Despte repeated requests, the company has not delvered the hard copies of the contract notes. The Compliance Officer is unavailable on the phone.

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