Two pawnbrokers arrested for harassing traders

Bhopal (Madhya Pradesh): Police have hired two pawnbrokers for allegedly harassing two shopkeepers who took them loans at high interest rates.

Bagh Sewaniya Police and Shahjehanabad Police have recorded separate cases in this regard, officials said on Saturday.

Shahjehanabad Police Station, responsible for Zaheer Khan, told the media that a shopkeeper took a loan of Rs 1 lakh from Taskeem Gouri, a resident of Bright Colony. Taskeem had given the amount with a monthly interest of 5% to the merchant.

Against the loan, she had taken post-dated checks from the woman. Taskeem used to threaten the woman that she would deposit the checks in the bank and since there was no amount in her (merchant) account, she would be penalized for NSF check.

The woman told police that she had so far paid Rs 3.20 lakh to Taskeem against Rs 1 lakh she had taken from him. However, the lender continued to harass her saying that she only paid the interest while the principal amount remained untouched.

The woman then approached the police and filed a complaint.

A similar case was reported at Bagh Sewaniya police station. Here too, a woman had taken a loan of Rs 2 lakh for her shop from pawnbroker Jyoti Malik in 2020. The trader had since then paid Rs 7 lakh to Jyoti, but the principal amount of Rs 2 lakh remained unpaid, as claimed by Jyoti.

Fed up with the harassment, the shopkeeper tried to end her life on January 24. She even uploaded a video recounting her agony. It was when the police came to take the woman’s statement of attempted suicide that she informed them of the harassment she was being subjected to by the loan shark. The police registered a case against Jyoti.

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Posted: Saturday, January 29, 2022, 11:37 PM IST

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