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Financial institutions raided

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Financial institutions raided
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Thiruvananthapuram: The city police on Tuesday launched a crackdown on illegal moneylenders and seized cheques worth Rs. 38 lakh and promissory notes.

The raids were conducted at 22 centers by a team led by city police commissioner under the name ‘Operation Blade 3’.

The rural police on Sunday had raided the houses of at least 80 suspected loan sharks in the suburban areas of the district. The operation, code-named ‘Kubera-II,’ had resulted in the seizure of nearly Rs.2 lakh of unaccounted money and scores of illegal documents.

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