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India Infoline

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India Infoline
janak Patel@janakpatel2003
Jan 14, 2012 09:15 AM, 11880 Views
Please stay away from this company.

I opened a trading account with the company and I was told that I will have a expert financial adviser who will trade on behalf of me. I gave Rs. 1 lac cash and shares worth Rs. 50, 000/- . In a span of 3 month, I lost half of my capital . The so called financial expert played in F & O segment in a foolish manner/wrong selection of scrip at a wrong time.( with my permission, however, I clarified that I was not knowing how to play this segment).


They advised that I should pay Rs. 15000/- cash as advance brokerage which will allow the financial expert to play with more ease. After loosing Rs. 75, 000/-, I advised the financial expert to stop playing in F & O and refund my advance brokerage. The company is not responding.


Avoid this company who gives false financial advice and loot the customer by taking advance brokerage.


Janak Patel


9998011312

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