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Fraud by SMC Global Securities

This is a discussion on Fraud by SMC Global Securities within the Investments forums, part of the Business & Finance category; SMC Global, a brokerage firm, has traded in stock market without my consents and lost my money of Rs.45,000. I ...

  1. #1
    Unregistered
    Guest

    Default Fraud by SMC Global Securities

    SMC Global, a brokerage firm, has traded in stock market without my consents and lost my money of Rs.45,000. I registered my complaint with them and after doing some futile exercise of nearly one month they say that it has been done with your consents.

    Now, I have registered my complaint with NSE and SEBI as well and also planning to lodge an FIR against SMC global, the branch manager of Bhopal Branch (Mr. Jaskaran) and Rajiv Agarwal, the agent who actually misguided me at all the points. He also asked me to wait for three months to get the money back when I asked him regarding these fraudulent transaction.

    I have also written mails to the top management of SMC Global but they hardly read these kind of mails.

    Please take strict action against these practices so that the hard-earned money of the innocent investors can be saved.

  2. #2
    p.vishnu7
    Guest

    Thumbs down

    I had the same problem, lost about 25000 from my side and lost Rs.1,50,000 from my co-brother's side.

    We visited MG Road branch SMC office many times but there was no proper response.

    write to me at oneworld@ymail.com in case you get some solution.


    Quote Originally Posted by Unregistered View Post
    SMC Global, a brokerage firm, has traded in stock market without my consents and lost my money of Rs.45,000. I registered my complaint with them and after doing some futile exercise of nearly one month they say that it has been done with your consents.

    Now, I have registered my complaint with NSE and SEBI as well and also planning to lodge an FIR against SMC global, the branch manager of Bhopal Branch (Mr. Jaskaran) and Rajiv Agarwal, the agent who actually misguided me at all the points. He also asked me to wait for three months to get the money back when I asked him regarding these fraudulent transaction.

    I have also written mails to the top management of SMC Global but they hardly read these kind of mails.

    Please take strict action against these practices so that the hard-earned money of the innocent investors can be saved.

  3. #3
    p.vishnu7
    Guest

    Default fraud guy

    forgot to mention the agent / the SMC employee we were dealing with is Sreekanth, a dangerous and illiterate guy.

    He is the one who misguided us, and was telling us that he made so and so profit this day and this week, at last we just found all the money is gone.

    Quote Originally Posted by Unregistered View Post
    SMC Global, a brokerage firm, has traded in stock market without my consents and lost my money of Rs.45,000. I registered my complaint with them and after doing some futile exercise of nearly one month they say that it has been done with your consents.

    Now, I have registered my complaint with NSE and SEBI as well and also planning to lodge an FIR against SMC global, the branch manager of Bhopal Branch (Mr. Jaskaran) and Rajiv Agarwal, the agent who actually misguided me at all the points. He also asked me to wait for three months to get the money back when I asked him regarding these fraudulent transaction.

    I have also written mails to the top management of SMC Global but they hardly read these kind of mails.

    Please take strict action against these practices so that the hard-earned money of the innocent investors can be saved.

  4. #4
    Junior Member
    Join Date
    Apr 2011
    Posts
    2

    Default

    Quote Originally Posted by Unregistered View Post
    SMC Global, a brokerage firm, has traded in stock market without my consents and lost my money of Rs.45,000. I registered my complaint with them and after doing some futile exercise of nearly one month they say that it has been done with your consents.

    Now, I have registered my complaint with NSE and SEBI as well and also planning to lodge an FIR against SMC global, the branch manager of Bhopal Branch (Mr. Jaskaran) and Rajiv Agarwal, the agent who actually misguided me at all the points. He also asked me to wait for three months to get the money back when I asked him regarding these fraudulent transaction.

    I have also written mails to the top management of SMC Global but they hardly read these kind of mails.

    Please take strict action against these practices so that the hard-earned money of the innocent investors can be saved.
    Its happens with small broking firms and i had also heard about these type of cases,SMC global works for broking charges there income is only through broking so they misguides the customers mainly, and they do these kinds of things,,

    we, provide better service in dealing with EQUITY MARKET, COMMODITIES, AND FOREX MARKET.

    its an assurance to provide u better service in lower brokerage charges.

    for derails please contact
    DAMODAR KULKARNI,
    PH: +91 8420000464
    EMAIL ID: damu.242@gmail.com
    (our service is provided any where in india)

  5. #5
    Unregistered
    Guest

    Default SMC Fraud with me.

    SMC Global, at Dariya Ganj office, a brokerage firm, has traded in stock market without my consents and lost my money of Rs.50,000. I registered my complaint with them and after doing some futile exercise of nearly one they also say me that it has been done with your consents.

    I have also written mails to the top management of SMC Global but they hardly read these kind of mails.

    Please take strict action against these practices so that the hard-earned money of the innocent investors can be saved. Pl. tell me how to I complaint to NSE/SEBI.


    Virender Agarwal
    virender_agarwal@rediffmail.com
    9873626178

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