Dear Legal Experts,
Myself Bagathsingh, I have been advised to open a trading account with Maitra commodies by a person called Vikram who is the sub-broker in that company. He told me to invest 50k and he said he will guide me to get good profit. So I have done the same. After few days I don't see any profit based on his advisory calls. And he requested me to pay 50% profit sharing. I also did it. Few days I made profit and I paid to him 50% sharing amount. However after a long time, I started loosing money. Again I have invested few money and he started to accessing my account and doing trading. I had asked him, he said I will handle your account and gain lost money. I said ok, but again made loss. And I have changed my password of my trading account, but again he started accessing account and lost nearly 100000/- rupees.
I made a complaint to the trading broker company (Maitra Commodies), however they are not responding properly. I have clearly said due lack of securities from them my credential been stolen by sub-broker and made me to get loss.
I want to take this case legally.
Please advise me if I do legal proceedings willl I get success.
Thank you in advance.