New campaign launched to tackle online loan sharks


The England Illegal Money Lending Team have launched a new national campaign, in partnership with local authorities, aimed at tackling illegal money lending on the internet and warning of the dangers of online loan sharks.

Starting today (Monday 30 Nov), the #SharkFreeSurfing campaign will run for one week, encouraging local residents and communities to speak up about the activity of illegal money lenders.

Cabinet member for Managed Growth & Communities, Councillor Alison Rolf, said: “Solihull Council is proud to be a part of the #SharkFreeSurfing campaign this Winter, in an effort to raise awareness and offer support to those affected by the actions of illegal money lenders.

“Loan sharks are increasingly using social media platforms, such as Facebook, Instagram and Snapchat, to advertise their illegal loans and target potential victims.

“It’s important that residents are vigilant during this time, and report any suspicious activity to the appropriate authorities.”

Help is available for residents who have been victims of or are concerned about illegal money lending in the borough at or by telephone: 0300 555 2222