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West Bromwich loan shark jailed for 30 months - Stop Loan Sharks

Summary by Stop Loan Sharks
A 47-year-old West Bromwich loan shark has been jailed for 30 months after making thousands of pounds in profit by exploiting the ‘financially vulnerable’. Philip Walter appeared before Wolverhampton Crown Court on Thursday, May 8 after admitting illegal lending and money laundering charges. Passing sentence, Judge Simon Ward told him that he was a loan shark who caused ‘human damage’ to the vulnerable people he targeted. The court was told he d…
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Stop Loan Sharks broke the news in on Thursday, May 8, 2025.
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