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Ramalingam

Ramalingam Kalirajan  |8093 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 11, 2024

Ramalingam Kalirajan has over 23 years of experience in mutual funds and financial planning.
He has an MBA in finance from the University of Madras and is a certified financial planner.
He is the director and chief financial planner at Holistic Investment, a Chennai-based firm that offers financial planning and wealth management advice.... more
Asked by Anonymous - Apr 26, 2024Hindi
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I am unable get back my money from SS EQUITRADE, lodged complaint in Cybercrime on 8th April 2024, but no satisfactory answer was received. Only upto 15/04/24 received messages 1.36% was put on hold. During 16/4/24 to 26/04/24 no any messages came. Please suggest what to do?

Ans: I'm sorry to hear you're having trouble getting your money back from SS Equitrade. Here are some steps you can take:

Follow up with Cybercrime: Since you filed a complaint with Cybercrime on April 8th, 2024, it's important to follow up with them for an update on your case. They may be investigating SS Equitrade and may need more time. Try calling them or checking their website to see if there's a way to track the status of your complaint.

Contact SS Equitrade: Try contacting SS Equitrade directly. Explain the situation and request that they release your funds. If you've already done this, try again. Be persistent and document all your communications with them.

Consider legal action: If you're unable to get a resolution from SS Equitrade or Cybercrime, you may want to consider taking legal action. This can be expensive and time-consuming, so it's important to weigh the costs and benefits before deciding. Speaking with a lawyer who specializes in financial matters can help you determine the best course of action.

Here are some additional tips:

Gather all your documentation related to your account with SS Equitrade, including any communications you've had with them.
Keep copies of all your communication with Cybercrime as well.
Be polite but firm in your communications with SS Equitrade and Cybercrime.
This is a difficult situation, and I understand your frustration. I hope these suggestions help you get your money back.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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