Title: Shocking: Britain’s Oldest Loan Shark Threatened Victims and Faces Jail Time
Subheading: Loan Shark’s Threatening Behavior
BRITAIN’s oldest loan shark, Great-gran Tabitha Richardson, 83, gave seven victims £120,000 over the last 20 years. Cops described her as “threatening and menacing” for charging customers 40% interest on loans. Richardson now faces repaying £173,000 within three months or a possible prison term after admitting her illegal loan shark business.
Subheading: Menacing Messages
Richardson preyed on vulnerable people to extract money through illegal lending. She even threatened victims who missed payments, leaving one scared after saying, “You know I can find you.” Another female victim received a text warning: “I don’t want to come and look for you but you’re not leaving me any other option.”
Subheading: Jail Sentence and Apologies
After collecting over £173,000 and making unlawful loans without proper checks, Richardson must pay back the sum or risk a 19-month jail term. Six victims will receive compensation, while Richardson accepted charges of money-laundering and unauthorised lending. The judge noted her extreme interest rates and menacing tactics but suspended her two-year prison sentence due to her age.
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