Moneylender Faces Charges in Tragic Suicide Case

A Navi Mumbai resident, Ravindra Shinde, allegedly committed suicide due to exorbitant interest demands by moneylender Pratamesh Chavan. Shinde's suicide note accused Chavan of raising interest rates to 30%, which led to significant mental distress. Police have charged Chavan with abetment of suicide.


Devdiscourse News Desk | Thane | Updated: 04-06-2025 17:47 IST | Created: 04-06-2025 17:47 IST
Moneylender Faces Charges in Tragic Suicide Case
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A Navi Mumbai man has tragically taken his life, reportedly due to excessive demands by a moneylender, according to local police.

Victim Ravindra Shinde left a suicide note accusing Mumbai-based moneylender Pratamesh Chavan of demanding an exorbitant 30% interest rate, causing him significant mental distress.

The police have charged Chavan with abetment of suicide under the Bharatiya Nyaya Sanhita, yet no arrest has been made.

(With inputs from agencies.)

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