TWO men have been arrested on suspicion of illegal money lending and money laundering offences following raids on addresses in Keighley, Haworth and Wilsden.
Officers from the England Illegal Money Lending Team, together with West Yorkshire Trading Standards and the police, executed warrants at three residential properties this morning.
During searches, officers seized a large quantity of cash and electronic devices.
The arrested men, who are aged 33 and 49, are currently being questioned in police custody.
Tony Quigley, head of the Illegal Money Lending Team, said: "We are committed to working with our partners to keep local communities safe from illegal money lending.
"I urge anyone who is suffering at the hands of a loan shark to contact the team, in confidence, on 0300 555 2222."
Councillor Abdul Jabar, Bradford Council’s portfolio holder for safer and stronger communities, said loan sharks caused misery within communities and preyed on the most vulnerable.
He added: "If people are struggling financially, there is advice available on our website of which organisations may be able to help, including the Bradford District Credit Union which can provide loans in certain situations when banks have not been able to lend money."
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