business
'How loan shark threats keep victims like me silent'
Key takeaways
- Stephanie Miskinand Louise Fewster,BBC Yorkshire and Lincolnshire Investigations Watch the moment loan shark is arrested in police raid.
- Loan sharks illegally charge crippling interest rates and intimidate those who borrow money from them.
- England's Illegal Money Lending Team (IMLT) relies on public tip-offs to identify suspects, but people have told the BBC they are often frightened to report loan sharks for fear of violent repercussions.
Stephanie Miskinand Louise Fewster,BBC Yorkshire and Lincolnshire Investigations Watch the moment loan shark is arrested in police raid. A samurai sword, a meat cleaver and babies' passports are among the items seized in raids by illegal money lending investigators - who have given the BBC rare access into how they track down loan sharks.
Loan sharks illegally charge crippling interest rates and intimidate those who borrow money from them.
England's Illegal Money Lending Team (IMLT) relies on public tip-offs to identify suspects, but people have told the BBC they are often frightened to report loan sharks for fear of violent repercussions.
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