1. ITV Report

Loan shark jailed for 16 months

Gerald Daord, 52, has been jailed for 16 months for illegal money lending and money laundering. Photo: ITV Granada

A Birkenhead man has been jailed for 16 months for illegal money lending and money laundering following a six day trial at Liverpool Crown Court.

Gerald Daord, 52, ran the illegal business from his home in Hampton Close for almost four years.

He was arrested in August 2011 following a warrant by the England Illegal Money Lending Team working in partnership with Merseyside Police and Wirral Council, in which cash and documentation was seized.

Speaking outside court, Tony Quigley Head of the England Illegal Money Lending Team described Daord's actions as "greed of its worst kind."