Writing about Loan Sharks
In April 2018, Citizen’s Advice Liverpool, funded by the national Illegal Money Lending Team, launched a writing competition, inviting Merseyside writers to submit original pieces of writing on the subject of Loan Sharks. The intention was to raise awareness about Loan Sharks in an innovative way.
The Illegal Money Lending Team (IMLT) are a specialist unit that investigate and prosecute loan sharks. The team consists of Investigators, Intelligence staff and LIAISE Officers, who engage in awareness raising and intelligence generating activities, and provide holistic and intensive victim and witness support.
A loan shark is someone who lends money without the correct authorisation from the Financial Conduct Authority (FCA). It is a criminal offence to lend money without authorisation; the crime carries a maximum two-year prison sentence and/or £5,000 fine.
This is an anthology of entries, together with brief details of the authors, a description of what constitutes Loan Sharking, some examples of how Loan Sharks have operated and the effect that they have had on real people and finally, how victims of Loan Sharks can find help.
You can purchase this Anthology for 99p through Amazon Kindle here: www.amazon.co.uk/dp/B07DWJFBM9/ref=rdr_kindle_ext_tmb
If you or someone you know have been the victim of a loan shark, call the IMLT on their 24 hour confidential hotline 0300 555 2222 or visit www.stoploansharks.uk. Calls are strictly confidential and victims can remain anonymous.