In Bihar’s Kaimur district, the Kudra police arrested Lakshman Shah after a victim reported severe financial exploitation and harassment. The victim had borrowed Rs 1.5 lakh for his sister’s wedding and was coerced by Shah to sign blank cheques. Despite making partial repayments, the accused demanded Rs 5.6 lakh, leading to continuous mental and physical harassment.
During a raid at Shah’s residence, the police seized Rs 1.7 lakh in cash, 245 blank signed cheques, land documents, stamp papers, diaries on moneylending, and silver jewellery. The accused allegedly charged exorbitant interest rates, seizing properties of borrowers who couldn’t repay. A case has been filed, and the accused is in judicial custody, with plans to confiscate illegally acquired properties.
The Kudra police urge other victims to step forward and report any grievances against the accused for further legal actions. Bihar’s Deputy Chief Minister and Home Minister, Samrat Chaudhary, vowed to eradicate illegal practices like “gunda banks” in the state, emphasizing that only RBI-authorized banks are allowed. The state government is committed to identifying and cracking down on private moneylenders operating unlawfully.
