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TelanganaKhammamKhammam: Man ends life after loss in crypto currency trading

Khammam: Man ends life after loss in crypto currency trading

Published: 25th Nov 2021 8:24 pm

Khammam: Financial loss in crypto currency trading allegedly compelled a teacher in Khammam to end his life.

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The deceased was identified as G Ramalingaswamy (36) of Khammam. His dead body was found in a lodge in Suryapet town on Wednesday by the police who said he consumed poison and might have died on Tuesday.

Police recovered a suicide not left by the deceased. In the letter, Swamy said that he lost money in online business along with few others.

He alleged that a sarpanch forcibly took away his car and he was being harassed by some persons even after paying back the loans he took from them.

Sources said that the deceased invested money in crypto currency. Though he earned profits initially, he later suffered losses to the tune of Rs 70 lakh.


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