Fake and Fraud Advisory Firm
Dear All,
I am cheated by Flanking research and Investment Firm based on AB Road, Indore, MP (SEBI registration# INA[protected]. They are SEBI registered but they are fake and fraud. They cheat people and do not have proper research team. They make huge losses in every call and completely destroy the capital, they will trap the investors in huge losses and demand money for their fee’s. They are not here to do business but just to commit fraud, by trapping investors with fake calls and destroying wealth. They just want to extract the maximum amount of Money from the Investor. once you get in touch with them, they will not provide profit but will lose your capital and trap you so that you keep going back to them to recover losses.
I am a small Investor trying to invest based on my monthly salary. I booked loos of my previous holdings and made 70000 in my Zerodha account for trading. They have a very senior adviser who is considered as “God of Market” (his name is Aditya) he gave 28000 loss initially and promised to recover the losses in just 10 days if I join him. I paid the fee of 29000, then in just 2 calls, he wiped off 50000 investments, this cannot be accepted as a genuine business loss but rather a willful intentionally organized fraud.
It is a SEBI registered company but they are totally fake.
Sequence of Events on how they cheated me:
1. Priyanka had called me introducing about your company.
2. She gave a free trail call, I placed the call and got a loss of 10000.
3. She referred me to Aditya who she said will recover my loss.
4. I contacted Aditya, whom they referred him as the “GOD of trading” with 14 years of experience.
5. Next day, Aditya gave 18000 loss, a willful intentional loss. The Reason he told for the loss was that if he had given profit, I would not join their firm. So he gave intentional loss.
6. Aditya assured me that the same can be recovered and I need to join their company to recover the loss. He asked for a total fee of 11.2 lakhs and asked to pay 1.12 lakh for slot booking. He forced me to pay this amount by that day itself, as slot was not available.
7. I pay a sum of 29000 (entire amount borrowed), he promised me that he will give back this amount and i can settle to my debtors.
8. Now, I have 68000 investments and 29000 as investment charges, apart from the 28000 loss booked to make money for trading.
9. next day, the God – Aditya gave a loss of 30000 in a single call.
10. and very next day, again the God – Aditya gave a loss of 18000. Now, only 6000 left in my capital.
11. I asked for a solution to the situation they have put me in. They are not responding now. They have absconded. No reply to mail, calls.
12. Same person (Sunil – customer support guy) whom I have spoken earlier says that I have dialed wrong number.
Irony is that They demand me to pay their remaining fee’s and add money to my investment capital to recover the loss. The loss that they have given me till now are all Intentional losses that I can confirm by the way the talk.
I refused to pay them and demanded solution to the situation they have put me in. Now, they are not responding to my Emails (sent to the Owner – Disha chandani and Tarun chandani and the support mail box). When I call the customer support executive, they are speaking as if they are operating from other places and do not belong to Flanking research. Sunil and Priyanka are the customer support executives. The “GOD of markets” Aditya’s mobile number – [protected] is switched off from the day I demanded solution.
I wanted them to provide genuine services and some profit / loss but their intentions are entirely different. No financial advisor would ever just destroy the client’s entire capital in 2 calls, unless their only motive is to cheat and make money. They are fraud, please do not let other small investor’s like me to get trapped because of their SEBI registration. Even now I want them to provide genuine calls and recover my capital that they intentionally destroyed, but they are not interested since I am not playing as per their wish. They want me to pay exorbitant fee and keep quite. The cycle has repeated twice, if I pay them even now the cycle will keep on repeating. They will destroy my capital again and gain and then demand fee’s. I have already suffered enough, huge mental pressure and stress that is totally unnecessary for me.
All the Names and contact are real. I have all the communication with them. These fake fraud criminals must be punished. They are totally fake. They do not even capability to provide one accurate call per month.
