Suspected Illegal Money Lenders arrested as part of crackdown in Stranraer
Officers from the Scottish Illegal Money Lending Unit (SIMLU), with the assistance of partner agencies, have conducted an operation in relation to illegal money lenders in Stranraer and the surround areas. 3 properties have been searched in Stranraer, Kirkholm and Cairnryan.
This operation has resulted in a 47 year old male and a 31 year old male being arrested in relation to illegal money lending. A report will be submitted to the Procurator Fiscal in relation to this matter.
Councillor Maureen Chalmers, Chair of the Trading Standards Scotland Governance Board commented:
“Illegal money lenders exploit the most vulnerable in our communities. Working with our partners throughout Scotland we are committed to taking action against anyone who operates such practices.”
“With the cost of living increasing for people across the country, it is more important than ever that we take action against individuals involved in illegal money lending in our communities across Scotland”
“Staff from the Illegal Money Lending team are able to provide support and advice to people impacted by illegal lending. This is done through our 24/7 confidential support line, 0800 074 0878. We would urge anyone that is aware of an illegal money lender operating in their area to report them.”
Enquiries are continuing and anyone who would like to discuss this issue is urged to contact the Scottish Illegal Money Lending Unit on our confidential support line or visit our website at www.stopillegallending.co.uk for further information.
To report a loan shark:
Call the 24/7 confidential hotline: 08000740878
Text ‘loan shark + your message’ to 07741 701 325
Or visit www.stopillegallending.co.uk