A suspected illegal money lender is under investigation in Croydon.
The England Illegal Money Lending Team (IMLT) worked in partnership with Croydon Council Trading Standards and the Metropolitan Police to execute a warrant at an address in Shirley on Thursday, 30 September.
Officers seized documentation and electronic devices during a search of the property.
Head of IMLT Tony Quigley said: “Illegal money lending is a serious offence and can cause real misery for people and their families already facing financial pressures.
“If you find yourself in need of having to borrow money our advice would always be to check with the Financial Services Register so you make sure a lender is legitimate.
“I would urge anyone with information on loan sharks to contact the team in confidence – together we will rid our communities of this scourge.”
Common warning signs you may be dealing with a loan shark:
If you have been affected by illegal money lending and require support, call the 24/7 Stop Loan Sharks confidential helpline on 0300 555 2222 or chat online with the team at www.stoploansharks.co.uk. Live Chat is available from 9am to 5pm, Monday to Friday.