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Entries Tagged ‘loan shark’

Woman Ran Illegal Loan Sharking Business from Home

A Wolverhampton woman ran an illegal money lending business from her home,  lending up to £400,000 over a 7 year period.  Sarah Dixon allegedly lent sums of up to £30,000 to her victims, with interest rates running at over 1,680 % per annum.  Her customers were mainly vulnerable and desperate to borrow the money, despite [...]

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Loan Shark Jailed

A former British champion boxer turned loan shark from Greater Manchester has been jailed for four years.
Michael Morris, 41, harassed his victims with threats, blackmail and property damage, Manchester’s Minshull Street Crown Court heard.
One woman, from Bury, was forced to pay back about £5,000 on a loan of £150.
Morris, of Salford, [...]

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