Hyderabad police crack down on illegal money-lending

, 11:49 PM IST
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As many as 56 persons were today rounded up from various parts of Old City area here on the charge “illegal financing”, police said.

Deputy Commissioner of Police (South Zone) V Satyanarayana said a special drive was conducted against these illegal money-lenders, and cases were registered against 30 of them.

These people lent money by charging exorbitant interest and accepting collateral security, he said.