This review is for DawnayDay AV securities as a financial service provider and not as an employer. I hope this review of mine will save some of you from drowning your hard earned money
I hold a DP trading account with Dawnay Dav AV Bangalore branch. While opening the account I had handed over almost 1 lakh rupees to my relationship manager but despite my strict instructions, there has been trading on my account without my consent. My problem was that I had to move out of India because of my job for a short while but I let my DP account remain active. I did not suspend it.
Every time I called up my relationship manager from outside India, he would give me accounts of false trades that never occurred. He would always tell me wrong stock prices and finally he has reduced my portfolio value to Rs 45000. If it were the fault of markets, I would have understood it but its because of the rampant trading that occurred without my knowledge and consent. I have written to the compliance officer at the moment who is based in Mumbai but I am afraid if they are going to be able to do something about this as it has already happened.I advise everyone reading this review not to engage with DawnayDay AV securities also known as DP Money. They are least to be trusted.