A Liverpool loan shark made hundreds of thousands of pounds targeting dozens of vulnerable customers.
Anthony Suku, 65, ran an illegal money lending business across the city for a period of three years through which he issued unlicensed loans to those seeking cash for a variety of things such as weddings and funerals. Liverpool Crown Court heard Suku charged “significant” interest rates on the loans, raking in around £163,000 from 26 people.
Suku was handed a 22 month prison sentence, suspended for 18 months, by His Honour Judge Andrew Menary KC. The case against Suku was brought by the England Illegal Money Lending Team (IMLT) in partnership with Liverpool Trading Standards and Merseyside Police.