Ramagundam Commissioner of Police M Srinivasulu said that Mande Satyam and Avula Sathyavathi were booked for organising unauthorised finance business in Luxettipet town.
Superintendent of Police Kiran Khare said that stringent action would be taken against those who collect hefty rates of interest by running illegal finance firms.
Karimnagar: In order to check illegal finance business, Karimnagar Commissionerate Police carried out raids on the houses of illegal financers. Simultaneous raids were carried out in 37 places in commissionerate limits on Wednesday. Besides seizing Rs 52.57 lakh in cash, signed promissory notes, blank cheques and other documents were seized. Ten illegal money lenders were […]
