Harassment and high rate of interest

3 years ago

I am from Bangalore and I had taken rs.2 lacs from a private financer who is not a registered financer and because it was an emergency during the lockdown I agreed to his terms and the rate of interest. His terms were he do not lend money for more than a week’s time and if we do not pay him within a week then his interest will be 10% every week and that moment I had no choice so I did not think much and I agreed to his terms but I couldn’t pay it within a week. So as soon as a week was completed he use to torture me to either clear the whole amount or to pay him rs.20000 as interest of one week. But I did not even have money to pay his interest so he started charging me with penalties of 1k per day for how many ever days I delay.. and because I couldn’t pay the interest I paid him 5k as penalty so that I get 5 days time to either pay him the interest or the whole amount and even after 5 days I wasn’t able to arrange any funds as it was a lock down and for this I was harrased a lot and and I was even abused a lot from him and finally after 30-40 days I managed to arrange rs.230000 and I paid him the whole amount but he did not end it there because according to him I had to pay him atleast 3lacs which includes his interest and penalties and for this reason he did not return back my cheque which I had given him as a security in which there is no dates mentioned and not even the amount is mentioned and he had even taken my thumb mark on a blank sheet which is also with him. And now he has been torturing me that either I pay him 1lac to end this matter or he will fill 5lacs in the blank cheque which I had given him n then he will file a case against me . And all the transactions from lending to repaying is done in cash . So I am scared that I may fall in his trap and I may have to suffer . So kindly suggest me what can I do so that he stops harassing me and if he files a case of cheque bounce if 5lacs then what can be d consequences which I may have to face. Is there any way to prove him wrong and to prove that he is a fraud