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Loan shark jailed for 8 months
A loan shark running a money-lending business in east London has been jailed for eight months.
Kanadasaba Nadarajah, 68, was found guilty of two counts of lending money without a licence.
During the trial, jurors were told the loans were offered to members of the Sri Lankan community living in London and the south east.
The court heard people would go to Nadarajah when they were desperate for money.
One man asked for a loan after falling into arrears on his mortgage, while a woman asked for cash so she could return to Sri Lanka for her father's funeral.
Nadarajah was also found guilty of acquiring criminal property. Kanadasaba Nadarajah, 68, from East Ham, is accused of offering more than 700 illegal loans from 2003 to 2010.
(BBC)
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