Click to play videoNew Delhi: A share broker in Hyderabad on Thursday committed suicide by hanging himself after incurring financial losses due to stock market meltdown, police said.
Twenty five-year-old Amir Ali locked himself up in his house in Abids area and hanged himself from a ceiling fan while his family members were away, ACP, Abids Division, PVG Vijay Kumar told CNN-IBN.
Amir, who had recently set up a new stock brokerage firm, had invested heavily in the markets, but suffered severe losses following the recent crisis.
The amount he had invested in the market is not known and no suicide note has been found. The police are treating this as a case of suicide, based on statements from the family.
Meanwhile the Hyderabad police say that they haven't found any suicide note to the body of Amir they have registered a case and are investigating the matter further.
“A 24 yr old youth, Amir Ali, committed suicide by hanging himself. When we asked his father about the probable reason behind the suicide, we were told that Amir was dealing with shares. After suffering losses he became depressed and this might be the reason behind his suicide.
On this complaint, we have registered a case. Did not find any suicide note, but the investigation is on. After the post mortem, we have handed over the body to his family,” says sub Inspector, Srinivas
Amir's body was handed back to his family members on Friday after autopsy.
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