Archive · 3 Jun 2025
Man Dies by Suicide After Harassment by Finance Company
A man named Komaram Rattaiah, who sold toddy, took a loan from a finance company called Five Star Company.
He couldn't pay the loan payments on time for six months.
The company executives then bothered him and his family to pay the loan.
The company even wrote on his wall that his house was mortgaged.
Because of the embarrassment and the harassment, he sadly decided to end his life by hanging himself at his home.
Locals have mentioned that microfinance companies have been causing trouble for people with loans.
The police haven't received an official complaint yet.
A man in Nellore district died by suicide.
He was reportedly harassed by a private finance company.
The man was a 'Kallu Geeta' worker and had taken a loan.
He was unable to pay the loan installments for six months.
The finance company wrote on his wall that his house was mortgaged.
- Who
- Komaram Rattaiah, a toddy seller.
- What
- Komaram Rattaiah ended his life by suicide.
- When
- Monday, June 3, 2025, at 7:30 a.m.
- Where
- Battuvaripalem village, Kaligiri mandal, SPSR Nellore district.
- Why
- Alleged harassment by Five Star Company due to inability to repay a loan.
Victim's Family
Five Star Company
Reason for Suicide
Victim's Family
Rattaiah took the extreme step after reportedly facing harassment from a finance company.
Five Star Company
Five Star Company allegedly harassed Rattaiah for loan repayment, potentially leading to his suicide.
- Victim
- Komaram Rattaiah
- Profession
- Toddy seller
- Location
- Battuvaripalem village
- District
- SPSR Nellore
- Finance Company
- Five Star Company
- Cause of Death
- Suicide by hanging