Shopping Cart
Total:

$0.00

Items:

0

Your cart is empty
Keep Shopping

How Stock Market Losses Pushed Bengaluru Businessman into Huge Debt – He Was Later Found Dead on Tracks


bangalore news how stock market losses pushed bengaluru businessman into huge debt - he was later found dead on tracks

Bengaluru: In a disturbing incident, a 50-year-old businessman in Bengaluru on Sunday (March 8) died allegedly by suicide after suffering severe losses in stock market, the police said. Preliminary investigation revealed that the deceased had plunged to massive debt that hampered his mental health. He suffered from mental and physical health issues, worsening his condition. Police suspect that the deceased felt overwhelmed due to a constant pressure from creditors asking for their money back. The incident came to light when a crowd gathered near the tracks and noticed the man lying.

Following this, the police reached the incident site and recovered the dead body. They have launched an investigation to probe if there were other reasons that led to the incident.

Also Read: From ‘Accidental Fall’ to Murder Case: Bengaluru Police Arrest Nephew for Killing Uncle Over Property Row

Police have identified the deceased as Venkatesh. During an investigation, the police found out that he had incurred losses from investments in the stock market and was also suffering from illness.

“The financial setbacks had pushed him into heavy debt, and he was allegedly facing pressure from creditors. Distressed by the situation, Venkatesh reportedly ended his life by placing his head on a railway track near Hebbal on Sunday,” said the police officials.

Personnel from the Baiyappanahalli Railway Police Station visited the spot and conducted an inspection. Further investigation is underway.

Meanwhile, the incident triggered panic in the area, attracting a huge crowd near the track. As of now, no major disruption of the trains on the route has been reported. A further investigation is ongoing in the matter.

How to Seek Professional Help

If you are unsure where to start, here is a step-by-step guide to finding the right support:

1. Identify the Right Professional

  • Psychologists/Therapists: Best for “talk therapy” to work through emotions, behaviors, and life stressors.
  • Psychiatrists: Medical doctors who can diagnose complex conditions and manage medication if needed.
  • Counselors: Often specialize in specific areas like grief, workplace stress, or relationships.

2. Use Verified Platforms

In India, several credible organizations can connect you with licensed professionals:

  • iCall (TISS): Provides a directory of vetted mental health professionals across the country.
  • Tele MANAS (14416): A government initiative providing 24/7 mental health counseling across all states.



Source link

0
Show Comments (0) Hide Comments (0)
0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments