Click to play videoHyderabad: The crashing stock markets have snuffed out yet another young life in Hyderabad.
Twenty-four-year-old Amir Ali Veerani committed suicide by hanging himself at his residence apparently because of financial pressures.
Amirs' family has ruled out foul play. However, the neighbours say that Amir may have hanged himself unable to cope with mounting pressure from recovery agents.
Sub-Inspector of police Srinivas said that Amir's father said that he (Amir) was dealing in shares and suffered huge losses.
Amir had recently set up his own business which was reportedly running losses. Police have so far not recovered a suicide note.
Colony Secretary Bharat Kumar said that the pressure from recovery agents could have led Amir to take such extreme step.
Amir’s death comes a day after the discovery of another Andhra family falling prey to the market slowdown in the US.
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