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Indore’s Crorepati Beggar: Lends Money to Sarafa Traders, Collects Interest Daily
A “crorepati beggar” was rescued during an anti-begging drive in Indore, shocking officials with revelations about his wealth and business activities.
The disabled beggar, identified as Mangilal, was rescued while begging in Indore’s Sarafa market area. When the Women and Child Development Department team uncovered details of his assets, they were left stunned. Despite crawling on the streets on a wooden cart to beg, Mangilal turned out to be a moneylender who owns three houses, a car and three auto rickshaws.
The disabled beggar, identified as Mangilal, was rescued while begging in Indore’s Sarafa market area. When the Women and Child Development Department team uncovered details of his assets, they were left stunned. Despite crawling on the streets on a wooden cart to beg, Mangilal turned out to be a moneylender who owns three houses, a car and three auto rickshaws.
Rescue Operation Uncovers Hidden Wealth
Indore, the economic capital of Madhya Pradesh, has been running a continuous campaign to make the city beggar-free. As part of this initiative, rescue teams have been deployed across the city.
Indore, the economic capital of Madhya Pradesh, has been running a continuous campaign to make the city beggar-free. As part of this initiative, rescue teams have been deployed across the city.
On Saturday, when the rescue team reached the Sarafa market and brought Mangilal in for questioning, details about his property and sources of income came to light.
Owns 3 Houses Across the City
During questioning, Mangilal revealed that he owns three houses in different parts of Indore:
Owns 3 Houses Across the City
During questioning, Mangilal revealed that he owns three houses in different parts of Indore:
- A three-storey house measuring 16×45 feet in Bhagat Singh Nagar
- A 600-square-foot house in Shivnagar
- A one-BHK house measuring 10×20 feet in Alwas
Car, Driver and Three Auto-Rickshaws
Mangilal also owns a car, for which he has employed a personal driver. In addition, he owns three auto-rickshaws, all of which have been rented out.
Lives With Parents in Government-Allotted House
According to officials, Mangilal’s house in Alwas was allotted by the government with the help of the Red Cross, based on his disability. His family includes his parents and two brothers. Mangilal lives with his parents in the Alwas house, while his brothers live separately in the other properties.
Lives With Parents in Government-Allotted House
According to officials, Mangilal’s house in Alwas was allotted by the government with the help of the Red Cross, based on his disability. His family includes his parents and two brothers. Mangilal lives with his parents in the Alwas house, while his brothers live separately in the other properties.
Earned Through Begging, Lent on Interest
Mangilal, who moves by dragging himself on a wooden cart, claimed that he never forces anyone to give him money and that people donate out of sympathy. He stated that his daily earnings from begging range between Rs 500 and Rs 1,000.
Mangilal, who moves by dragging himself on a wooden cart, claimed that he never forces anyone to give him money and that people donate out of sympathy. He stated that his daily earnings from begging range between Rs 500 and Rs 1,000.
He further admitted that he uses the money earned from begging to lend it on interest to Sarafa traders and visits the market every day to collect the interest.
According to him, he provides short-term loans—ranging from one day to one week—to jewellery traders.
According to him, he provides short-term loans—ranging from one day to one week—to jewellery traders.
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