A 40-year-old woman from Manchester has been charged with illegal money lending and money laundering offences.
It follows a raid by the England Illegal Money Lending Team (IMLT) working in partnership with Greater Manchester Police and Manchester City Council Trading Standards in the Didsbury area on Tuesday, 21 January.
The suspect was arrested after a warrant was executed at her home whereby officers recovered documentation and electronic devices.
The case is due before Stockport Magistrates’ Court on Monday, 17 February.
Nationally, Illegal Money Lending Teams have secured more than 394 prosecutions for illegal money lending and related activity, leading to nearly 480 years’ worth of custodial sentences. They have written off £74.9 million worth of illegal debt and helped over 29,000 people.
To report a loan shark, call the 24/7 confidential helpline on 0300 555 2222, text a report to 078600 22116 or complete an online form here.