Neil Stewart Forrester (59), from Gorebridge, was today sentenced at Edinburgh Sheriff Court to 117 hours of unpaid work following his guilty plea last month to charges of illegal money lending and threatening and abusive behaviour.
The investigation, led by the Scottish Illegal Money Lending Unit (SIMLU), revealed that Forrester, formerly employed as a refuse collector and GMB Union Representative at Midlothian Council’s Stobhill Depot, abused his position of trust to exploit vulnerable colleagues. Between January 2018 and August 2022, he issued unauthorised loans ranging from £20 to £500 to at least 14 individuals, enforcing repayments through intimidation and threats. Evidence showed that more than £100,000 was repaid, far exceeding the original loan amounts.
Forrester remains subject to a Proceeds of Crime investigation. Cash seized during a joint SIMLU and Police Scotland operation in August 2022 is now subject to Proceeds of Crime (POCA) proceedings.
Councillor Maureen Chalmers, Chair of the Trading Standards Scotland Governance Board said:
“This case highlights the serious impact of illegal money lending on vulnerable individuals and communities and demonstrates how such activity can happen anywhere including the workplace. This case is an example of a sustained and deliberate illegal money lending operation that exploited trust and authority for financial gain. SIMLU remains committed to protecting communities from such predatory practices and ensuring those responsible are held accountable.”
SIMLU urges anyone who suspects they are borrowing from a loan shark to seek help immediately. All lending should be through authorised and regulated channels to ensure consumer protection. Their confidential helpline – 0800 074 0878 – is available 24/7