Crackdown on illegal money lending racket begins

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Press Trust of India Kochi
Last Updated : Dec 23 2017 | 6:05 PM IST
Police today began crackdown on illegal money lending racket in middle Kerala districts coming under the jurisdiction of Ernakulam Range Inspector General of Police.
Several persons have been taken into custody during the raids codenamed "Operation Blade" launched in the middle Kerala.
In Ernakulam Rural district alone, 58 raids were carried out as part of the operation. Information about raids from other middle Kerala districts were being collected, police said.
Four persons have been taken into custody in Ernakulam Rural district alone in this connection.
They will be charged under various sections ofthe Kerala Money-Lenders Act, police said.
Police said they will continue the crackdown on the unlicensed moneylenders known as "blades" to put an end to the menace.

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First Published: Dec 23 2017 | 6:05 PM IST

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