Suspected Loan Shark Arrested In Keighley

Friday, 29 April 2016 10:54

A 49 year old man has been arrested on suspicion of illegal money lending, following an operation in West Yorkshire

The England Illegal Money Lending Team working in partnership with West Yorkshire Trading Standards and West Yorkshire Police executed a warrant at an address in Keighley seizing documents and a mobile phone.

The suspect is currently on bail.

Tony Quigley, Head of the Illegal Money Lending Team said “We will continue to work to combat loan sharks. They can cause untold misery to the most disadvantaged in our communities. We would urge anyone with information about loan sharking or victims of loan sharks to contact the team on 0300 555 2222.”

Nationally the Illegal Money Lending Teams have secured more than 321 prosecutions for illegal money lending and related activity, leading to nearly 205 years worth of custodial sentences. They have written off £62 million worth of illegal debt and helped over 25,000 victims.

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