Capitalheight

CapitalHeight, Indore has intraday products & they charge Rs.7.50 lakhs for one such product promising 3 times the amount in profits. Their Staff, Himanshu, convinced me to sell my good shares worth Rs.13 lakhs and pay their fees stating we can make more than 20 lakhs out of that Capital. I sold the shares and paid their high fees but within no time, I lost an amount of nearly 25 lakhs paying them fees, brokerage and intraday losses.

I escalated this issue to the legal Head, Ms.Nikita, of continuing losses, mismanagement etc., despite payment of 5.50 lakhs of fees to CapitalHeight.
Instead of looking in the complaint seriously, the legal head spoke rudely & threatened me with litigation and further mentioned that I had paid Rs.70,000/-, Rs.85,000 & subsequently Rs.3.95 lakhs "because I was making profits". Despite sharing the details of Profit & Loss statement, which they also have at their end, it was assumed that Profits were made due to which I willingly & voluntarily paid Capitalheight a sum of Rs.5.50 lakhs as fees at that time.

Requested Capitalheight to provide details of Profits made from March 2017 till date that justifies payment of Rs.5.50 lakhs as fees. There were 2 other staff of Capital Height who, under the guise of providing free trial, ended up wiping out almost Rs.8 to Rs.9 lakhs of my Capital. Despite huge losses made, one of their staff was still asking for additional fees to be paid on 31.8.2017. Details of the trades are with me that will be produced to the concerned Authorities when required. I tried raising this with SEBI but have not been able to get details of CapitalHeight to log the complaint.