A Skelmersdale man has been arrested on suspicion of illegal money lending and money laundering offences.
. A 37-year-old man was taken into custody and questioned by investigators before being released on bail pending further enquiries.The IMLT works in partnership with Lancashire County Council Trading Standards to investigate and prosecute illegal money lenders. “If you have been offered a cash loan, threatened when you couldn’t pay, had your bank card taken from you as security or if what you owe keeps growing even though you are making payments, then you may well have been bitten by a loan shark.
Angela Lomax, Trading Standards Manager for Lancashire County Council, said: “Illegal money lending is unacceptable, and we support the Illegal Money Lending Team’s work to prevent the activities of loan sharks in the county”.