Hyderabad City CP VC Sajjanar
Hyderabad: The Hyderabad police warned private money lenders and financiers of invoking the PD Act against them if they harass people and push them into depression.
VC Sajjanar, Hyderabad Commissioner of Police, said that many people coming to meet him at the “Meet the CP program” are victims of loan sharks and harassment related to illegal money lending.
“This is becoming a serious menace, especially in the Old City and other parts of our city. It is shocking to hear that people are borrowing at 5% to 10% interest from private individuals. It is impossible for anyone to sustain such high payments.
A temporary relief turns into a debt trap, forcing people to sell their properties and pushing them into depression,” he said.
He also advised the people not to give their hard-earned money to others expecting high returns.
“If you lose your money in these illegal deals, legal recovery is very difficult,” the Hyderabad Commissioner of Police stated.
This post was last modified on February 28, 2026 11:41 am