Parents mortgage sons for loan to repay fine

LUCKNOW: Four minors were mortgaged with a moneylender by their parents against a loan of Rs 28,000 to pay a fine imposed on them by the electricity department for using an illegal connection. Non-payment of fine would have led the parents being sent to jail. The parents Sageer and Shareef, who are brothers, are farm labourers living on daily earnings of Rs 45 to Rs 60. Read more: Parents mortgage sons for loan to repay fine

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Tirupati priest booked for mortgaging temple jewellery

Hyderabad: Police in Andhra Pradesh’s temple town of Tirupati Saturday booked a case of theft and cheating against the chief priest of a temple under the control of Tirumala Tirupati Devasthanam (TTD) for having mortgaged its jewellery to a private lender to raise money for personal use. Read More................Tirupati priest booked for mortgaging temple jewellery

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Nephew 'mortgaged'

KOLKATA: A man from Jagaddal, North 24-Parganas, was thrashed by locals on Sunday for allegedly 'mortgaging' his teenage nephew to a farmer in Karnataka's Bitangala. Read more..................................................Nephew 'mortgaged'

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Unable to Pay Loan, Man Mortgages Wife

Behrampore - West Bengal: You could call it Bengal’s heart of darkness. Unable to repay a loan he had taken for his wedding, a Murshidabad man ‘mortgaged’ his wife and vanished. For two years, the woman was allegedly raped and kept confined in the moneylender’s house.

When she went to police, they allegedly did nothing. Every time she sought help, they ignored her, she says.

The shocking incident took place at Jhikra village in Murshidabad’s Bharatpur area. When the woman married tailor Toton Sheikh five years ago, he borrowed some money from Rahamani Sheikh, a rich businessman from neighbouring Surpara village. The couple was finding it difficult to pay back the Rs 5,000 (at a hefty interest) when they had to borrow money again for their son’s birth. Read more.............................Unable to pay loan, man mortgages wife

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