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37 depositors died in 8 yrs, says forum

37 depositors died in 8 yrs, says forum

Time of India29-04-2025

T'puram: As many as 33 victims in
Nirmal Krishna deposit fraud
died and four people died by suicide after failing to find money for the treatment of various illnesses and other personal needs in the last eight years, Nirmal Krishna Nikshepa Samrakshaka Samithi (NKNSS) informed TOI on Tuesday.
The first suicide was in 2017, the year the multi-crore fraud came to light, as the victim Venugopal, 48, of Udiyankulangara, failed to get his deposit of Rs 15 lakh for the marriage of his daughter. Others died in the years later due to various illnesses, including cancer. Some people died while undergoing treatment. Some depositors visited the house of the accused frequently for the money but in vain, said NKNSS.
Girikumar, 66, of Neyyattinkara and his wife Leena, 60, deposited Rs 20 lakh in 2017. The couple received the interest on time only for five months and later the firm was shut down due to financial issues.
"I did not get money for my daughter's marriage despite begging. I suffered a stroke and a huge amount is needed for treatment. Now we are debt-ridden as the officials of the bank, from where we took a loan, warned us of recovery proceedings as we could not repay it. We are on the verge of committing suicide if our money is not given back," said Ajayakumar, a depositor.
Over 13,000 depositors in Thiruvananthapuram and Kanyakumari districts were allegedly defrauded of over Rs 1,000 crore by the accused.

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