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Arrest Made In Alfreton

He was arrested at his place of work this morning.

A 49 year-old man has been arrested on suspicion of illegal money lending and money laundering following an operation in Derbyshire.

The England Illegal Money Lending Team (IMLT) working in partnership with Derbyshire County Council trading standards and Derbyshire Constabulary executed a warrant at a residential address in Ironville this morning (March 5).

During a search of the address, officers seized documentation, electronic devices and a quantity of cash.  

The suspect was detained at his work premises in Alfreton at 07:45am.  He remains in police custody awaiting questioning by investigators. 

Tony Quigley, head of the Illegal Money Lending Team, said:

“Loan sharks are a blight on society and prey on vulnerable people who struggle to make ends meet.

“This crime will not be tolerated in Derbyshire and we will continue to work with our council and police partners to stamp out illegal money lending.

“If you or someone you know has been the victim of a loan shark, we urge you to seek help by contacting us on 0300 555 2222.”

Nationally, Illegal Money Lending Teams have secured more than 382 prosecutions for illegal money lending and related activity, leading to nearly 330 years’ worth of custodial sentences. They have written off £74 million worth of illegal debt and helped over 28,000 people.

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