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  • Report:  #1486224

Complaint Review: Laxmiprasad Paleypu .Masala Capital LLP - Hyderabad Telangana

Reported By:
Roh. YL. - Mumbai, India
Submitted:
Updated:

Laxmiprasad Paleypu .Masala Capital LLP
Rolling Hills, Gadchibowli . Telangana Hyderabad, 500032 Telangana, India
Phone:
+1 (646) 575-9161
Web:
N/A
Tell us has your experience with this business or person been good? What's this?

Investment fraud through his company Masala Capital LLP. 

He asked me to invest to buy stocks of a particular Hotel chain through his company promising good returns and interest on investment in a specific time period ( 2 months).

After a period of over 8 months,  nothing has happened and when asked for a refund of my investment money,  he first refused by giving unjustified reasons. 

Finally  he agreed to refund the investment amount along with the promised interest. 

Still its been over a month he has not fulfilled the commitment. He gives you dates of refund multiple times but never fulfills. He doesn't respond to mails or calls and disappears. 

He and his family have already allegedly committed frauds in USA as per reviews on Ripoff and other such forums. 

I hope he returns our hard earned money. 



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