With the menace of loan recovery agents rapidly increasing in the city, the Mumbai police have finally taken a step to address the issue of loan sharks. A dedicated team of 10 cops has been formed to investigate the recent suicide of a 38-year-old man from Kurar, Malad East, as well as other similar cases filed in the zone. Cops believe cracking the Malad case will help the entire police force deal with such cases registered with them.

Loan recovery agents hired by loan apps often resort to harassing and slandering the borrowers by sharing their morphed photos or videos with their family and friends. Unable to deal with the continuous harassment and blackmail, some also take their own lives, as was the case with the Malad man, who had not even taken a loan.