Youth Kills Self In Odisha’s Balasore After losing Money In Online Trading

A youth from Ambaliatha village under Jaleswar block of Balasore district allegedly took his own life on Tuesday after losing money in online trading. The victim has been identified as Soumitra Nandy.

As per reports, Soumitra was doing online trading along with some of his friends. However, he was incurring all the losses as he had linked his own bank account to fund the trading for the entire group.

After suffering a series of setbacks, Soumitra requested his friends not to use his account anymore in online trading. However, they reportedly responded little to his pleas and continued with the buy and sell game. When Soumitra refused to cooperate, his friends reportedly blackmailed him to pay a hefty amount for the huge loss.

His father alleged that after suffering defeat, Soumitra was extremely depressed and took his own life. He further claimed that despite complaint before the police against Soumitra's friends who cheated on him, the cops did little to act, the situation which aggravated his mental breakdown.

“I had lodged a complaint about the incident at Jaleswar police station. However, the police didn’t take any action. Rather they took away my son’s laptop and mobile without any investigation. Subsequently, he went into depression and committed suicide,” said a crest-fallen Swarup.