[Resolved]  Option Tips — Cheating and Fraud

optiontips.in sends a lot of messages to people who are regular traders in stock markets. How they get the mobile numbers is not known. Me and my friends used to get messages everyday claiming to have made good profits. Then we checked their website for the details. Only details till previous month are given at any point of time. Then I called them on the mobile number [protected](provided on the website). When asked for more information about their services he repeated the same things that are given on the website. When asked for free trial he refused and said their company does not provide free trial. Accordingly I transferred Rs. 15000/- using NEFT to his SBI account. He recommended to Buy ACC 1080 August call @ 18/- with a target of Rs. 40 AND I BOUGHT THE SAME right upto Rs.4 and accumalated app. 35 lots (investment of Rs. 90,000/- + brokerage) When I called him about the call he said i should hold on. But the rates recommended did not come instaed the rate is .25 paise no buyers. Then again when tried to call he did not receive the call. He started disconnecting the call after 2-3 rings.Then I tried to call on the other number [protected] provided on the site he became abusive and started boasting about his cheating capabilities thru sms of which i have record.. This person is a fraud and the effected people like me shud unite and bring him to the books of law. I have lodged a complaint with the cyber cell, economic offence cell, sebi and trai.
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Aug 14, 2020
Complaint marked as Resolved 
 
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