Parag Tanna, 34, had suffered huge losses in the market, was thrown out of the private stock broking company he worked for and creditors were asking their money back. Unable to find a way out, he smothered his wife and then hanged himself at his Kandivali home on Tuesday night.
“I will not be able to support my family and give a good life to my child,” the three-page suicide note, written in Gujarati, read. It also had the details of his accounts and bank passwords.
Tanna, who earlier earlier worked in an electrical appliance shop, had asked many of his friends to invest in stocks and after the recent market crash, his clients were asking the money back, Surendra Jaiswal, senior police inspector at Kandivali police station, said. A month ago, Tanna’s company, Inventure, fired him and he was not able to find another job. More...
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