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A 26-year old woman and a 40 year-old man have been arrested for illegal money lending, following an operation in Bradford this morning.
The England Illegal Money Lending Team (IMLT) working in partnership with West Yorkshire Joint services and West Yorkshire Police executed a warrant at an address in Bradford this morning, seizing documentation, cash and a substance believed to be drugs.
The suspects are currently in custody being questioned by the Team.
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.”
Nationally the Illegal Money Lending Teams have secured more than 347 prosecutions for illegal money lending and related activity, leading to nearly 227 years’ worth of custodial sentences. They have written off £63.5 million worth of illegal debt and helped over 25,500 victims.