A WOMAN has been arrested on suspicion of illegal money lending following an anti-loan shark operation on Tuesday morning.
The Trading Standards Yorkshire and Humber team seized documents and a “substantial amount” of cash after executing a warrant in Canklow.
The 37-year-old suspect was also charged with proceeds of crime offences and is being questioned by officers.
Rotherham Borough Council supported the operation. Cabinet member for neighbourhoods Cllr Jahangir Akhtar said: “We work closely with Trading Standards to ensure that any illegal money lenders who are brought to our attention are dealt with swiftly.
“This is a great result for us and we hope it serves as a warning to anyone else who is lending money illegally.
“Crimes like this which not only affect some of the most vulnerable in our society, but often great chunks of a community, need to be stamped out as soon as possible.”
The Stop Loan Sharks project has so far helped more than 13,500 victims nationally and written off more than £25 million of illegal debt.
Property worth more than £2.5 million has been seized and over 61 years in prison sentences have been handed out.
We want to continue holding local authorities to account, attending court and council meetings, as well as providing breaking news, competitions and offers – but it costs money. Online advertising does not cover costs, therefore we feel the need to ask for your help in ensuring we can provide the best possible coverage, online and in our printed products.
For as little as £1, you can support the Rotherham Advertiser – and it only takes a minute.
Click here to support local news.