Rajkot family attempts mass suicide over mounting debt
Updated: Sep 21st, 2024
Eight members of the Soni family attempted mass suicide due to severe financial stress, including overwhelming bank loans and unfulfilled payments from business partners, according to reports.
A total of nine people ingested poison, but one family member survived and managed to get the others to the Rajkot’s civil hospital in time.
According to reports, the family was involved in jewellery business and suffered losses after firms from Mumbai failed to pay them for the goods. The crippling financial situation and mounting debt meant that the family was unable to pay loan instalments to the bank.
Ketan Odesara, a relative of the family, stated that the family had been under constant pressure due to unpaid loans, leading them to take this drastic step.
Authorities have revealed that the Soni family had been defrauded of approximately three crore rupees, a loss that played a critical role in their financial downfall.
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