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Tragic Suicide Attempt Highlights Loan Sharking Crisis in Surat
Gyanhigyan english | April 6, 2026 6:41 PM CST

Shocking Incident in Surat

In a disturbing incident from Surat, Gujarat, a textile trader attempted suicide due to relentless harassment from loan sharks. The 48-year-old businessman, Altaf Ashraf Orawala, residing in the Adajan Patiya area, was driven to despair after repaying ₹2.5 crores in interest on a principal loan of ₹90 lakhs, yet continued to face threats.


Altaf, who has been in the textile business for many years, borrowed the money in February 2025 at the urging of his brother and a business partner, Junaid Yunus Orawala.


His family claims that despite repaying nearly three times the original amount, the loan sharks remained unsatisfied, continuing their intimidation tactics.


Family Forced to Sell Assets Amid Threats


According to his son, the pressure from the loan sharks escalated to the point where the family had to sell their assets. The loan sharks would openly insult them outside their home, threaten them on the street, and subject them to constant mental torture over the phone. Overwhelmed by this torment, Altaf attempted to take his life by consuming poison near the Salabatpura Dargah. Fortunately, friends intervened in time and rushed him to the hospital, saving his life.


Regret Over Financial Decisions


Before his suicide attempt, Altaf penned a note expressing his anguish. He described his decision to take the loan as the biggest financial mistake of his life, influenced by his brother and partner. In the note, he mentioned that the loan sharks coerced him into signing receipts for amounts far exceeding the original loan, placing the blame primarily on Junaid.


Police Investigation Underway


This incident has shed light on the rampant illegal loan sharking business in Surat. In response, the police have initiated an investigation into the matter, recognizing its seriousness. Authorities are working to identify the culprits based on the suicide note and family testimonies, promising strict legal action soon. This case serves as a stark reminder of how high-interest rates and illegal collections can push a once-happy family to the brink of destruction.



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