Got cheated through relative itself

Sudhakar (Querist) 08 May 2015 This query is : Resolved
Respected Experts..
My friend Nivansha got cheated by her own relative itself...
In feb'2015 she started daily trading in stock market n her own bank and demat account by taking help of her own relative with the help of messenger services through internet.There was not contract or legal aggreements between them. whatever they spoke each other they spoke through internet messenger only about comissions on profit. Now she lost all the money in stock market because of wrong advices by his relative itself.
Now does she have any possibilty to go through legal way in order to get her money back from his relative whom gave wrong advices.
Awaiting for your favourable replies, so that my friend clearly understand what can she do?
Thanking you.

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SAINATH DEVALLA (Expert) 08 May 2015
Unless there is a written agreement between them,she cannot proceed legally against the relative.

ashok kumar singh (Expert) 08 May 2015
lodge your facts with the police as an FIR, and while police cause investigation everything will come out, and police will collect necessary evidence to prove the offense committed by the said relative with you.

do not get depressed, go ahead.

in the event police deny for such FIR, approach the competent criminal court.

thanks'