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Dr.Chandran Peechulli (Chief Consultants)     01 January 2011

Cheating the Investors

 

UNICON Securities,(www.uniconindia.in) Delhi, have deployed men in Chennai, to lure the investors and cheat them. Mr. Ashok Amirtharaj R, and Mr. T.Jagadeesan of Unicon Securities Chennai-1, accused of cheating an NRI of 23 Lakhs,(Capt. Arun P.C. and his retired Sr.Citizen father,  who had invested Rs.18 Lakhs plus Rs. 5 Lakhs amounting to Rs.23 Lakhs, as individual account holders.

There was no transparency and commitment in their dealing soon after collecting the money but for receiving the Bank Cheque in favour of their company(UNICON Securities), purportedly offering lucrative(attractive) returns which they said as their customers enjoy. We though objected to their trading without our prior consent.

We parted our hard-earned money to buy COAL INDIA SHARES which had wide publicity in the media. After collecting the money through cheque they started neglecting us, doing trade exchanges to their whims and fancies. Neglected to attend phones in office, saying in the field, even by the mobile phone giving various excuses mainly family members of Jagan met an accident and attending injured in hospital.

When we suspected foul play, we asked for the refund of our money-back,that invested for which they say sorry met loss in short period of six months with UNICON Securities. Please note they continued trade exchanges to their whims and fancies to gain by the brokerage charges.  I have doubt whether this company is approved by the Securities and Exchange Board of India (SEBI)?
Ashok and Jagadeesan,representing UNICON investment solutions, as Branch Manager and Business Head working as the bank's Relationship Manager, of Unicon Securities is now accused of cheating an NRI of 23 Lakhs,(Capt. Arun Chandran). Allegedly cheating investors by promising to double their money. Since the task of opening new accounts had been assigned to them, it appears they  manage to dupe many people. UNICON SECURITIES TO BE BLACKLISTED for the unfair trade practices and questioned for appropriate action in the interest of the common people.

We need seviour to help us out .....

We need a legal guidence on that..We shall certainly reward those who get back our hard-earned money, from hazardous work out on the deep seas and oceans.



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 1 Replies

Dr. Chandran Peechulli, Ph.D; FIE (Editor & Publisher Chief Engineer(Retd.) GM(T))     29 March 2011

Originally posted by :Dr.Chandran Peechulli
"
 

UNICON Securities,(www.uniconindia.in) Delhi, have deployed men in Chennai, to lure the investors and cheat them. Mr. Ashok Amirtharaj R, and Mr. T.Jagadeesan of Unicon Securities Chennai-1, accused of cheating an NRI of 23 Lakhs,(Capt. Arun P.C. and his retired Sr.Citizen father,  who had invested Rs.18 Lakhs plus Rs. 5 Lakhs amounting to Rs.23 Lakhs, as individual account holders.

There was no transparency and commitment in their dealing soon after collecting the money but for receiving the Bank Cheque in favour of their company(UNICON Securities), purportedly offering lucrative(attractive) returns which they said as their customers enjoy. We though objected to their trading without our prior consent.

We parted our hard-earned money to buy COAL INDIA SHARES which had wide publicity in the media. After collecting the money through cheque they started neglecting us, doing trade exchanges to their whims and fancies. Neglected to attend phones in office, saying in the field, even by the mobile phone giving various excuses mainly family members of Jagan met an accident and attending injured in hospital.

When we suspected foul play, we asked for the refund of our money-back,that invested for which they say sorry met loss in short period of six months with UNICON Securities. Please note they continued trade exchanges to their whims and fancies to gain by the brokerage charges.  I have doubt whether this company is approved by the Securities and Exchange Board of India (SEBI)?
Ashok and Jagadeesan,representing UNICON investment solutions, as Branch Manager and Business Head working as the bank's Relationship Manager, of Unicon Securities is now accused of cheating an NRI of 23 Lakhs,(Capt. Arun Chandran). Allegedly cheating investors by promising to double their money. Since the task of opening new accounts had been assigned to them, it appears they  manage to dupe many people. UNICON SECURITIES TO BE BLACKLISTED for the unfair trade practices and questioned for appropriate action in the interest of the common people.

We need seviour to help us out .....

We need a legal guidence on that..We shall certainly reward those who get back our hard-earned money, from hazardous work out on the deep seas and oceans.

 
"

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