Loan Shark Julian Douglas Preys On Single Mothers

julian-douglas

See this guy above? Yeah, that guy. His name is Julian Douglas and he is a scumbag. For the last four years, he’s been preying on single mothers and charging them astronomical interest rates on loans. Douglas loaned £32,200 to 24 “clients”, from which he made £115,060.

After pleading guilty to illegal lending, money laundering and perverting the course of justice, the judge had this to say:

Judge Warwick McKinnon said:

“You were involved in the shabby and insidious trade of a loan shark, who profited from the financially straitened and vulnerable members of this society who had barely two pennies to rub together.”

Douglas has been served with a 20 month jail sentence.

In our opinion, he deserves a lot more.

What do you think?

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