Two men charged with illegal money lending offences

Two men have been charged with illegal money lending and money laundering offences in Doncaster and Hinckley.

The England Illegal Money Lending Team (IMLT) working in partnership with officers from Doncaster Council and Leicestershire County Council Trading Standards, South Yorkshire Police and Leicestershire Police executed warrants at two residential addresses yesterday (Wednesday, 11 March).

During searches of the properties, officers recovered documentation and electronic devices.  

The suspects, both aged 23, have been released on bail and are due to appear at Doncaster Magistrates’ Court on Tuesday, 26 May.

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 hotline on 0300 555 2222, text a report to 078600 22116 or visit the website www.stoploansharks.co.uk.