Adviser Street — very very bad advice | got lost 80k in three days

Address: Indore, Madhya Pradesh

Website: www.adviserstreet.com

Dear adviserstreet,

I would like to bring to your notice how i became victim by getting your advice

My client id: r#[protected]@

On june 13th june 2018:

1. I got a call from pravat jain (Mob : [protected]) from adviserstreet and he inquired about my work in share market. Then he introduced that we are into research firm and make profit in the market. Then he told me to do intraday trading for more profit. Then i agreed to do but i informed clearly that i do not have knowledge on intraday trading and he told me to guide on this. Then he told me to pay the charges of rs 7500.00, however i told him give me the profit, then i would pay you.

2. On same day he told me to purchase 1000 share of glenmark pharmaceuti company. When it got losses then he told me to pay rs 7500.00 and losses will be recover. Then i paid the rs 7500 through to adviserstreet (Invoice is attached). Then i got call from anirudh sethi, he charged me 25k for loss recovery.

3. Finally at the end of the day (Very first day) i got rs 23870.45loss.

4. Then he told me that he would recover the loss on next day. Then i trusted his word and agreed to do on next day.

On june 14th june 2018:

1. He ask me to share me my client id and password, then i shared my client and password (Screen shot is attached) as i do not have much knowledge on this. He said that he is going to do trading and will give me very good profit. He did the trading on list of the companies (In attached contact note document), i did not get profit also and also not getting my permission he sold my long term holding 83 shares (That i had invested on jsw steel in the month of april).

2. Finally at the end of the day (Very next day) i got rs 20150.7717 loss. Attaching contract note cum tax invoice.

3. Then i decided not to do any trading and stay away from this activities. But he again told me to give one last chance to recover the loss.

On june 15th june 2018:

1. Then he called me and told me to buy 2000 share of glenmark pharmaceuti and 800 share of reliance. He took my user id and password and did not guide me on this.

2. Finally at the end of the day (Very3rd day) i got loss of rs 18644.71

If you i calculate including broker change and your changes, almost i lost 80 thousand rupees with in 3days.

Unfortunately i became victim by losing almost 80 thousand rupees by your bad advice.