Money India Research Reviews & Complaints
Reported By: Deendayal Poonia
Contact information:
Money India Research
On one fine day i recieve a phone call from Mr himanshu telling he was calling from money India research from udaipur and provide stock advisery. He convinced me after servel calls and made a loss of 26000 on very first day. After that he tell me to pay 3500 to his company for recovery of loss and for 25000, i paid 3500 to them. On next day he demanded 50,000 for a service telling me to recover my money and more profit in market around 10lakhs. I paid them the money. On next day he demanded 47000 for an option services and after servel call and messages i paid them this amount also. They maintained my de mat account and made my money from 97000 to 8000. They are not attending my calls now and mantelly harassing me for more money. Please take strict action to them. One of there representative name is Mr kumaran swami.
Never ever I repeat Never trust this morons.
One fine day I recieved a call from money India and they said me that they’ll provide a free demo call on Nifty Banknifty options with a investment of 20000. I said ok let me try your demo call first.
The next day they called me and booked me a profit of 5000 rs in a 20000 investment. I thought this guys know their work and are professional, so they connected me to their superior and he started saying me if you join we assure you you’ll earn atleast 40k a month. I said ok I am ready what’s your fees? They said its 1.2 lakhs for 6months and have to pay at one time. There was no emi options or something so I said them it’s a huge amount why don’t I pay you half and will pay half after I book profit. At first they didn’t agree but later on they agreed and I paid them half of their money. They said me sir lets start with a investment of 1 lakh and they assured me within 15 days I will be able to see my investment double.So the next day the agent called me (not the superior) and said me to buy nifty and he provided me some target no SL bdw. So I invested the money their. It was a huge loss like I lost around 35 k. The agent said me sir I’ll provide you recovery call don’t worry . He provided me recovery call but that was at loss too. I was so pissed off like I loosed around 55k a day. So the agent said me sir you please pay the remaining fee and our superior will handle your profile and he’ll surely recover all your loss. I thought I already lossed a lot of money and lets pay them and recover the money I losed so I paid the superior the reaming fee. And as far I remeber I paid the full money in friday after the market was closed. So they said me from Monday your life will be changed and all that crap. So Monday I got call from their team and it was a lady . The superior said me he’ll handle my profile once I pay full money but no now its the lady handling my profile. The lady said all the levels will come form superior my work is just to call you and provide you. I said ok if the levels are coming form superior then there’s no harm. And now same shit is happening again its been 3weeks I am working with them I have not booked a single profit. Even if I book profit they provide me another call and I loose all the profit . So now I decided I’ll not work with them anymore. In order to recover my money my bank balance is gonna be empty. I hope this will help someone. Dont fall for their trap. They are very unprofessional. And bdw my demat had 1lakh and all now have is 12k. So be aware guys do little research before investing on those ****** Money India.