The Hindu·2 min read·easy
Moneylender arrested for collecting ₹1.15 crore through usury and threats
T
The Hindu Bureau
✦AI Summary
Police in Avadi have arrested a moneylender for extorting over ₹1.15 crore from a borrower through threats, assault, and usury. The accused allegedly used signed blank documents to coerce the victim into paying exorbitant interest rates.
A moneylender was arrested by the Avadi Central Crime Branch (CCB) on charges of collecting exorbitant interest, criminal intimidation, and assault after allegedly extorting more than ₹1.15 crore from a borrower.
businesssocial justice
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