Chennai Latest News: Man Dies By Suicide Due To Online Trading Debt

Chennai Latest News on Suicide and Online Trading

In a heartbreaking incident, a 33-year-old man identified as Vinoth Kumar died by suicide at his residence in Senneerkuppam, Poonamallee, on Saturday. Chennai news live coverage indicates that Vinoth was overwhelmed with depression stemming from significant financial losses he faced in online trading.

Vinoth, who worked as an insurance agent, lived with his wife and their one-year-old child. Reports mention that his wife had left for a short errand when he decided to take this tragic step. Upon her return, she discovered him unresponsive and immediately sought help from neighbors.

Debt and Online Trading: A Dangerous Combination

Police investigations uncovered that Vinoth Kumar had accumulated debts exceeding several lakhs due to his investments in online trading. It was revealed that he had taken loans from multiple sources and even sold off personal property in attempts to settle his debts.

• On the day of the incident, a lender demanded repayment of 15 lakh.
• Vinoth was reportedly subjected to hostile verbal abuse during the call.
• Authorities have initiated a case regarding his unfortunate death.

Today news chennai serves as a reminder of the significant psychological impact financial pressures can impose, urging individuals facing similar struggles to seek help and support.

For anyone struggling with suicidal thoughts, resources are available, including Tamil Nadu's health helpline 104 and Sneha's suicide prevention helpline 044-24640050.