Man arrested near Doncaster on suspicion of illegal money lending
The operation by the England Illegal Money Lending Team also involved South Yorkshire Police
A 64-year-old man was arrested earlier this week on suspicion of illegal money lending following a raid near Doncaster.
The operation by the England Illegal Money Lending Team (IMLT), worked with South Yorkshire Police in targeted the man's address in Belton, North Lincolnshire, as well as a business in Armthorpe, Doncaster.
During the raid, officers seized documents, cash and a mobile phone. The suspect was taken into custody and is being questioned by IMLT investigators.
The IMLT works alongside trading standards teams at City of Doncaster and North Lincolnshire councils to investigate illegal money lenders and prosecute offenders.
Dave Benbow, head of the IMLT, said: “We work with local authorities, police forces and other partners across the country to tackle the scourge of illegal lending in our communities.
We urge anyone who has any knowledge of illegal lending, or who needs help to contact us in confidence as soon as possible.”
According to the Centre for Social Justice, up to 1.08 million people in England are in debt to loan sharks.