A 52-year-old woman was arrested in Cwmbran today on suspicion of illegal money lending.
The England Illegal Money Lending Team (IMLT) worked with the Wales Illegal Money Lending Unit and officers from Gwent Police to execute a warrant in the town.
The investigation was carried out in partnership with Torfaen County Borough Council’s trading standards department.
Paperwork and electronic devices were seized and the suspect was taken into custody to be questioned by IMLT officers.
Tony Quigley, head of the England IMLT, said: “Illegal money lending will not be tolerated anywhere and we work closely with all our partners as well as our counterparts in other parts of the UK to remove them from our communities.”
Have you been targeted by a loan shark?
Anyone who has been affected by illegal money lending in Wales can contact the Wales Illegal Money Lending Unit by calling 0300 123 3311 or emailing [email protected].
Visit stoploansharkswales.co.uk to find out more.
The England team can be contacted by calling the Stop Loan Sharks 24/7 Helpline on 0300 555 2222 or visiting www.stoploansharks.co.uk. Live Chat is available on the website from 9am to 5pm, Monday to Friday.