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| Discuss My experience with India Bulls at the Brokers & Trading Platforms within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Looking at the numerous grievious complaints against India Bulls it seems that India Bulls is ... |
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#1
20th May 2009, 10:36 AM
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My experience with India Bulls
Looking at the numerous grievious complaints against India Bulls it seems that India Bulls is involved in defrauding people of there hard earned money by various means with the help of a highly dedicated team of cheats. Looking at the complaints by other clients who have been defrauded of lakhs and lakhs of Rs. my amount seems to be very small and woe is also very small in comparison to the guys who lost hefty amounts. I was also a victim of conman job of Mr. Banga I was allured into a advance brokerage plan with verbal assurance by Mr. Amit that he will help in doing future trading as it's relatively safe. As I was not aware of future trade at all I was relucant, but this guy with his sweet talks managed to extract a amount of around Rs. 36000/- by false promises and then when ever I called Mr. Amit came up with some excuse or other and did not start that trading in calls or put business. Then one fine day I was curtly told by one Mr. Prashant that Mr. Amit has already left and he will not be of much help as I demanded that my advance brokerage plan be cancelled and my money reverted to my trading account. Mr. Prashant from sector 14 branch and one Ms. Ranjana from customer care deptt were very rude and virtual threw a challenge at me that I'll not be able to do anything at all, and they were quite specific that India Bulls is like a black hole which gobbles up clients money with no chance of getting it back. Through this site I would request other persons cheated by Mr. Banga and India Bulls to unite and teach this con king a fitting lesson. I assure all type of help and assistance as I'm staying in Gurgaon to other persons cheated by this company. 
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#2
26th May 2009, 11:57 AM
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Re: My experience with India Bulls
From the reviews I have had Indiabulls is a good brokerage house. However I do agree about conmen in brokerages. They are everywhere and while there are people who have been cheated but almost all brokerages it's the quality and integrity of the brokerage house that needs to be questioned. I believe Indiabulls is quite honest and what you should do is contact the Indiabulls regional office, head office and SEBI in that order in case of unsatisfactory response.
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