Don't use illegal money lenders says OFT

Sat, 27 Jun 2015

The Manx public is being warned about the perils of dealing with illegal money lenders.

The Office of Fair Trading message comes after a Peel man was recently convicted for similar activities.

It says despite one less criminal lender on the streets it can't be sure there aren't others plying a similar trade.

Chief officer Mike Ball says there are potential pitfalls of borrowing in this way: