Lender's agents abduct, assaults broker despite loan repayment
India, Nov. 2 -- A 54-year-old property broker from Mulund has alleged that a private moneylender's recovery agents kidnapped, assaulted and threatened him with a pistol on multiple occasions to recover money, despite his having paid Rs.18.80 lakh against a loan of Rs.14 lakh. The Bhandup police have registered a case against the lender, one of his alleged associates and two unidentified persons.
Badra, a resident of LBS Road in Mulund West, had borrowed Rs.14 lakh from Adil Pawaskar in May 2026. The agreement was to repay Rs.16 lakh within a month, police said.
According to the police, the complainant, Haresh Badra, a real estate broker residing on LBS Road in Mulund West, had borrowed Rs.14 lakh from Adil Pawaskar in May 2026. The two...
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