Suspected loan sharks arrested in Maidenhead for illegally lending money

TWO men were arrested on suspicion of being part of an inter-agency operation aimed at illegally lending money in Maidenhead and Shepperton.

The Thames Valley Police and the Royal Borough of Windsor and Maidenhead worked in partnership with the England Illegal Money Lending Team (IMLT) to successfully execute a three-address warrant on Tuesday, June 15.

Officials from the Wales Illegal Money Lending Unit (WIMLU) and the Police Service of Northern Ireland (PSNI) also assisted the operation, during which property searches resulted in the discovery of documents, electronic devices and a lot of cash.

These items were all confiscated in the arrest warrants.

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The suspects, aged 43 and 60, were arrested on suspicion of illegal money lending and money laundering and were taken into custody for questioning.

They have since been released as part of the investigation.

Councilor David Cannon, Cabinet Member for Public Protection for the Royal Borough of Windsor & Maidenhead, said: “This has been an effective piece of partnership and I would like to thank the team, council officials and police.

“Our trade standards team stands by to make our communities safer and will act in partnership with other organizations to ensure residents are protected.”