New Delhi, Nov 1: The global economic crisis has claimed one more life of a share broker, Amir Ali. A share broker in Hyderabad on Thursday, Oct 30 committed suicide by hanging himself after incurring financial losses due to stock market meltdown, police said. The twenty five-year-old broker 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 sources.
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. Amir's body was handed back to his family members on Friday, Oct 31 after autopsy.