Aditya Birla Money Limited — Fraud

phone
+91 44 3919 0003 [Corp Office]
+91 44 3919 0002 [Corp Office]
+91 22 6180 2828 [MyUniverse]
website
www.adityabirlamoney.com
location
Ali Centre, No. 53, Greams Road, Chennai, Tamil Nadu, India – 600006

We have a demat account with Aditya Birla Group. Today when we were scanning through our account statement, we suddenly realised that shares over Rs 2.5 lac have been sold with no money credited to the account. When we challenged the Branch Manager at Ultdanga branch of Aditya Birla, Prajwal, he said he was SORRY! He said that he would buy back the same number of shares and reinstate the value of the portfolio by 12th August 2010. The entire episode shocked us to such an extent that we were left speechless as we could never imagine that this is the kind of fraud that Birla Money would carry out. We have decided to file an FIR and initiate a legal case against the individual as well as Birla Money.

Regards,
Majumders,
+91-[protected]

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