Lured to invest in stockmarket and lost around 1L in 1month
I was contacted by a person asking me to invest in stock market .There is no written agreement, only verbally discussed. They asked me to open a demat account and provide them the details of the account (id,pw) with a min of 30k funds added in it. they lost my money and asked me to add more money so they could recover it and also lost them too. this happened to me with 2 different persons in just 1 month .
agreement with 1st person was
" i had to add 40k funds in my account and provide them details, their fee was 1.05 lakh for 1 year services, they earned 90k through my 40k funds in 10 days and after that they lost all my money, they asked me to add more money so they could recover and i added further 20k which they lost again"
agreement with 2nd person was
"i had to add min of 30k in my account . there is no fee but 50% profit sharing agreement to them, they lost 15k and i was requested to add 20k more so they could recover my lost money which i did and they lost 30k and im left with 5k " . we have no written agreement, only through verbally. i do not know how they acquired my contact number in the first place. i have been contacted continuously by them to invest into the stock market, was lured into it and now im stuck. i do not know what to do, is there any way i can be compensated by them legally.
Thank you