Stories
88 kg Silver, Lakhs in Cash Seized in Washim; Biggest Crackdown on Illegal Moneylending!
N
News18•03-10-2026, 10:05
88 kg Silver, Lakhs in Cash Seized in Washim; Biggest Crackdown on Illegal Moneylending!
- •Cooperation department conducts its largest ever action against illegal moneylending in Washim district.
- •Seized 88 kg of silver worth Rs 2 crore, over Rs 13 lakh cash, blank cheques, and property documents.
- •Raids conducted at the residences of Priya Daulatrao Waychal and Alka Daulatrao Waychal.
- •Action initiated under the Maharashtra Moneylending (Regulation) Act; further investigation underway.
- •The large seizure suggests deep roots of illegal moneylending operations.
Key Questions Answered
During the raid on the residences of two women involved in illegal moneylending, officials seized 88 kg of silver worth approximately Rs 2 crore, over Rs 13 lakh in cash, blank and anonymous cheques, immovable property sale deeds, agreements, and blank bond papers.
The cooperation department and police administration conducted sudden raids at the residences of two women, Priya Daulatrao Waychal and Alka Daulatrao Waychal, located in Rajangaon and on Shankarbaba Road in Washim city.
Action has been taken against the two women involved in illegal moneylending under the 'Maharashtra Moneylending (Regulation) Act', with a thorough investigation currently underway for further strict legal steps.
