Two held in illegal-money-lending probe

By Michael Upton
Published 29th Apr 2013, 08:44 BST
Updated 9th Jan 2017, 08:17 BST
TWO suspected loan sharks have been arrested after an operation in Rotherham.

A 60-year-old man and a 43-year-old were arrested on suspicion of illegal money lending after the England Illegal Money Lending Team working in partnership with Rotherham Borough Council executed a warrant at a house in Wingfield on Thursday.

The man was also arrested for fraud.

Both suspects were released on bail until Monday, August 12, pending further enquires.

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Nationally, the Illegal Money Lending Teams have secured 222 prosecutions for illegal money lending and related activity, leading to more than 150 years worth of custodial sentences.

They have written off almost £40 million worth of illegal debt and helped over 19,000 victims.

To report a loan shark, call the 24/7 confidential hotline 0300 555 2222, text “loan shark + your message” to 60003, email [email protected].

You can also send a private message via the Facebook group Stop Loan Sharks Project.