This was in the year 2007 that my family members were fooled by the "Business Relationship Manager" into wrong mutual fund investments of an esteemed bank.....The investment was to the extent of 30 lakhs
My family was assured of very high returns & within 5-6 months our funds were fetching not even 25% of its original value....Co-incidentally there was a stock market crash also...
Is there a law which gives protection to consumers when they are misled into wrong investments....At the same time how does the consumer also prove its innocence.
