Monday 14 January 2013

Avoid the Loan Sharks

Warwickshire Trading Standards Service are supporting the England Illegal Money Lending Team's Christmas Loan Shark Awareness Campaign.

Illegal money lenders, otherwise know as loan sharks,  target vulnerable people and charge extortionate levels of interest for the relatively small amounts of money they loan to their victims and, when their victims fail to pay up, they use intimidation and violence.

Around 20% of people who turn to a loan shark, do so to pay for Christmas.

Through enforcement action, awareness raising and education we aim to put an end to this callous crime and encourage the public to celebrate the season without turning to an illegal money lender.

A suspected loan shark was recently arrested in Stratford upon Avon following an Illegal Money Lending Team investigation with the assistance of Warwickshire Trading Standards.


 
The email alert system is a quick, simple and cost effective means by which Warwickshire Trading Standards can alert interested individuals, community organisations, businesses, charities and others to the latest Trading Standards issues/scams etc.

Please feel free to cascade this information to whom-ever you feel appropriate (including using the information in your newsletters/websites etc.). 

To receive email alerts direct to your inbox, email:

For more information on scams, visit: www.warwickshire.gov.uk/scams

Follow us on twitter: www.twitter.com/warkstss
 
Simon Cripwell
Trading Standards Officer
Warwickshire Trading Standards Service
Communities
Warwickshire County Council
Old Budbrooke Road Warwick CV35 7DP
tel. 01926 414039
mob. 07771 975570
My normal working days are Monday to Thursday

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