The Sleuths of the Central Crime Branch (CCB) booked a couple to run an illegal mining business and charge excessive interest rate for many years.
Business came to light when one of the victims, known as 25 -year -old Samin Taj from Sidpura, borrowed a loan of ₹ 1.6 lakh for his sister’s wedding in July 2021, and ₹ 3.8 lakh as interest by May 2024 till May 2024 Payed
However, when he requested them to clean the major amount, the couple allegedly abused him orally and threatened him with serious consequences and asked him to pay the dues. The accused filed a case of check bounce against him after writing ₹ 4 lakh in a post-dated check, which he certainly collected with him.
The victim sought help from the deputy register of cooperative societies. Taking cognizance of the petition, the Deputy Registrar of Cooperative Societies, Gangadhar filed a complaint with the CCB against the couple for running an illegal mining business.
Based on the complaint, CCB filed a case against the couple charging under the Karnataka Money Lenders Act, 1961, 1961, Karnataka to the Exorbitant Interest Act, the prohibition of charging on 2004, and Section 504 (for violation of peace. Intentionally insulting) and under as well as as well as as well as also section 504 (deliberately humiliated). 420 (cheating) of the Indian Penal Code for further investigation.
Published – February 10, 2025 09:51 pm IST
