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Tooting pensioners to pay £1.2m for preying on immigrant hospital workers in £4.2m loan shark scheme

Document Cited in Related
Vincent
Published date22 April 2024
Publication titleMyLondon (England)
For 16 years they lent over £4.2 million to fellow Filipinos, many of whom worked at a London hospital, Kingston Crown Court heard. After avoiding prison three years ago, the case was back at court on Tuesday, April 16, when Judge Marcus Tregilgas-Davey heard the pair benefited to the tune of £1.2 million between them

They were each given a confiscation order for £600,000, which must be paid within three months or they could face a jail term of up to six years. Back in 2021, Villar was sentenced to 18 months in custody, suspended for two years and ordered to carry out 220 hours of unpaid work. Manipol was given a 15-month sentence, also suspended for two years, with 200 hours of unpaid work.

Illegal Money Lending Team IMLT officers raided the loan sharks' home in 2019, seizing cash and electronic devices, along with books and ledgers which had evidence of the multi-million pound scheme. Examinations of electronic devices revealed dozens of messages which referenced loans, including requests for loans, penalties for missing payments and apologies for non-payment.

The amount is the largest confiscation order given to a convicted loan shark in England since 2010, when an illegal lender in Manchester was also ordered to pay £1.2 million...

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