From the frontlines of Cardiff’s police force to tracking down octogenarian loan sharks
Instead of spending his retirement relaxing, or taking up a niche hobby, Nigel currently spends part of his day tracking down pensioners.
The former police officer was just 49 when he retired. Feeling like he was “too young to do nothing”, he went to work as a loan shark investigator.
But he could never have imagined his new job would include hunting down illegal money lenders in their eighties.
He is a member of Stop Loan Sharks Wales (SLSW), a small unit that targets illicit money lenders.
And while most loan sharks are dogged in their harassment and intimidation of anyone who owes them money, not everyone fits the ‘Phil Mitchell’ stereotype.
In one recent case, an elderly woman in her 80s, was given a police caution after she was found to be making illegal loans.
She had used her son – who was in his 40s and had previously been to prison – to help threaten people into paying up.
“But because of her age and the amount involved, she was only issued a caution,” says Ryan, a client liaison officer with the unit. The money involved totalled several thousand pounds.
“As far as we could prove she was only lending to one individual,” Ryan adds, calling it “vicious, opportunistic targeting”.
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Loan sharks subject victims to ‘hideous’ things
Another woman in her 80s, currently under investigation by the unit, began making personal loans but quickly became threatening when people couldn’t pay her back.
“She was scaring [victims] with ‘I know where you are, I know where you live’,” Nigel says.
Her case is ongoing and has not yet reached the courts, so few details can be given by SLSW.
‘A tsunami is coming’
Loan sharks, of all ages, are nothing new but there are fears they are profiteering from the misery brought about by the ongoing economic crisis.
But a backlog at the courts, worsened by the COVID-19 pandemic, and a time lag with investigations means the full effects of the cost of living crisis have yet to be seen.
“There might be a bit of a tsunami coming,” Nigel warns.
Ryan says it is “fairly uncommon” to see illegal lenders in their eighties. “Most people are of working age, but it is about a 50-50 split between male and female,” he adds.
Sky News has previously witnessed the arrest of Illegal money lenders
Who are loan sharks?
Often they hide in plain sight and are well-known in their local communities.
Nigel and Ryan have spoken to Sky News on condition of anonymity, in part because of the threats the team faces doing their job.
They never work in the same area where they live but after one of his colleagues was accidentally spotted by a loan shark, their car was smashed and protection had to be put in place.
New research commissioned by their unit alongside the Welsh government, confirms fears that current financial hardships could drive more people in Wales to borrow from illegal money lenders.
Some 38% say they are more likely to need to borrow money or credit this year to cover everyday costs, and 50% of those borrowing are doing so to fund everyday living expenses – from food and bills to school uniforms.
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Established 15 years ago, SLSW is a government-funded agency that works alongside – but is entirely separate from – the police, local authorities, charities, and other agencies.
Most of the unit’s employees are former police officers.
‘Grooming’ their victims
Illegal money lenders, Nigel says, often build up a friendly rapport and lure people in by letting them off the first repayment.
But then, says Nigel, it often gets to the stage where they can’t pay it back.
The relationship is “pretty much grooming”, adds Ryan, who works closely with victims in his role, drawing comparisons to drug dealers or domestic abuse: “People are always stepping on eggshells, they get trained to act in a certain way.”
He says: “You also find people pay different amounts. If you’re not easy to intimidate they’ll still lend to you, just on more favourable terms.
“But the more vulnerable you are, the worse the penalties.”
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Individual investigations into the illicit world of illegal money lending can take anywhere from a month to several years.
“We might not even have a victim in the first instance, we might only have the intelligence,” Nigel says.
The Wales unit has 11 live cases currently, with the oldest going back to February 2020. In some years, they might close as many as eight investigations.
And these loan sharks aren’t hidden in the depths of the dark web – these are people well-known in their local communities.
Living off £5 a week
In one case, a loan shark in North Wales would pick up his victims up just before midnight and drive them to a cash point just as their benefits were deposited in their account.
They would take the money, giving their victim mere pocket money to live off – in one case, as little as £5 a week – and keep the rest of the money, including the bank card.
In another, a cooker, fridge, and microwave were taken from a victim’s house when they fell behind with payments.
The maximum sentence
The maximum prison sentence for a loan shark, if successfully convicted, is two years. According to Nigel, investigators will often look to increase that by adding associated crimes to the charge sheet such as actual bodily harm, and sexual assaults.
The highest sentence that Nigel’s unit has achieved is three-and-a-half years, which was handed down to Robert Sparey, 60, of Caerphilly, in 2017. Sparey, who had not worked since 1990, targeted vulnerable people for more than 20 years and used a disabled family member as a “front” for his operation.
He threatened to burn a woman’s house down with her children inside if she did not pay, and told another he would find “heavy-handed” people to enforce the debts.
Similarly, the unit was active in the prosecution of Chris Harvey, a father of 21 children, for three years and four months in 2015. Harvey, who was also from Caerphilly, charged his own family up to 400,000% interest on illegal loans.
Loan sharks prey on vulnerable people in deprived areas of towns like Caerphilly in South Wales
£40k in unexplained cash
Among the unit’s more recent successes include the arrest of Clayton Rumbelow from Llanelli who was jailed for 10 months for illegal money lending in October 2022.
Despite being on benefits and with no other legitimate source of income, Rumbelow spent tens of thousands of pounds on holidays over two years. He bought expensive cars and even decorated his house with intimidating animal statues.
“When I went through his bank accounts, I found £40,000 worth of unexplained cash deposits,” says Nigel.
Clayton Rumbelow was given a jail sentence in October. Pic: SLSW
Some people don’t realise they are being exploited or even feel grateful to the lender for helping them out.
One victim told Nigel: “I don’t know what I would have done without him. I couldn’t get money from anywhere else and I couldn’t feed my kids”.
Rumbelow decorated his house with expensive and intimidating animal statues. Pic: SLSW
People are also often led to believe that their loan shark debts are lawfully enforceable. In Porthcawl, a doorman moonlighting as a loan shark wrote up contracts for his clients.
“When you actually looked at the contracts themselves, it looked like they came from somewhere legally enforceable,” says Nigel.
“People signed these contracts to buy groceries and believed he was a lawful money lender. But he wasn’t, and these people were desperate and would agree to anything.”
Schoolchildren are asking teachers how to strangle a partner during sex safely, a charity says, while official figures show an alarming rise in the crime related to domestic abuse cases.
Warning: This article contains references to strangulation, domestic abuse and distressing images.
It comes as a woman whose former partner almost strangled her to death in a rage has advised anyone in an abusive relationship to seek help and leave.
Bernie Ryan, chief executive of the Institute for Addressing Strangulation, has been running the charity since its inception in 2022 after non-fatal strangulation became a standalone offence.
“It’s the ultimate form of control,” she says.
She says perpetrators and victims are getting younger, while the reason is unclear, but strangulation has seeped into popular culture and social media.
“We hear lots of sex education providers, teachers saying that they’re hearing it in schools.
“We know teachers have been asked, ‘how do I teach somebody to strangle safely?’
“Our message is there is no safe way to strangle – the anatomy is the anatomy. Reduction in oxygen to the brain or blood flow will result in the same medical consequences, regardless of context.”
Bernie Ryan, CEO of the Institute for Addressing Strangulation
A recent review by Conservative peer Baroness Gabby Bertin recommended banning “degrading, violent and misogynistic content” online.
Violent pornography showing women being choked during sex she found was “rife on mainstream platforms”.
Ms Ryan says she “wants to make sure that young people don’t have access to activities that demonstrate that this is normal behaviour”.
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Strangulation is a violent act that is often committed in abusive relationships.
It is the second most common method used by men to kill women, the first is stabbing.
According to statistics shared by the Crown Prosecution Service, in 2024 there was an almost 50% rise in incidents of non-fatal strangulation and suffocation – compared to the year before.
Kerry Allan pleads for other victims of abuse to leave before it’s too late
Domestic abuse victim Kerry Allan has a message for anyone who is in an abusive relationship.
Kerry met Michael Cosgrove in September 2022. While she said “at the beginning it was really good”, within months he became physically abusive.
In August last year her friends found his profile on a dating app.
“I confronted him and he denied it. I knew we were going to get into a big argument and I couldn’t face it, so I said I was going to my mum’s for a few days and take myself away from the situation.
“I came back a few days later and stupidly I agreed we could try again and everything escalated from that.”
Injuries to Kerry’s chest. Pic: CPS
In the early hours of 25 August the pair had come in from a night out at a concert and got into an argument.
“He was having a go at me, accusing me of flirting with other people, and I was angry. I told him he had a nerve after what he’d done to me in the week and how he humiliated me.
“I told him that I wanted to leave, that we were done and that I wanted to go to my mum’s and that’s when it got bad.
“He pinned me to the bed and that’s when he first strangled me.”
Kerry’s neck injury. Pic: CPS
Kerry says this was the first time she’d ever been violently assaulted. Cosgrove was eerily silent as he eventually let go and Kerry gasped for air.
“I remember trying to get my breath back, I was crying and hyperventilating… I was sick on the bedroom floor and I was asking him to go.”
Cosgrove strangled her for a second time before letting go again.
“He was saying I wasn’t getting out of this bedroom alive. I was dead tonight, he hoped that I knew that. Just kept saying how I’d ruined his life.”
Injury to Kerry’s eye. Pic: CPS
“I remember feeling a sort of shock thinking at this point, I’m not going to get out of this bedroom, he’s actually going to kill me.”
Kerry began screaming and shouting for help as loud as she could.
Her neighbours heard the commotion and called the police. While they were en route, Kerry was once again being assaulted.
Bleeding in Kerry’s eye
“I ran over to the bedroom window and tried to jump out, he grabbed me as I went to open the window, and we struggled. And then I was back in the same position, he was on top of me on the bed, and his hands were round the throat again. But this time it didn’t stop.
“I remember trying to struggle and trying to kick out and hit him and I just kept thinking that I definitely was going to die, because at this point, it wasn’t stopping.”
The next memory Kerry has is opening her eyes to see police and paramedics in the bedroom.
Michael Cosgrove. Pic: CPS
Cosgrove had heard the sirens, jumped out of the bedroom window and went to hide in Kerry’s car.
Kerry remembers opening her eyes to paramedics caring for her: “I remember thinking, I’m alive. I couldn’t believe it. I couldn’t believe that I was alive and I wasn’t dead. My last memory is him being on top of me with his hands on my throat.”
Kerry met Michael Cosgrove in September 2022
She gives this advice to anyone who is in an abusive relationship: “Please speak to somebody, whether it’s friends, family, a work colleague, whether it’s somebody online, whether it’s a charity that you’re directed to, any sort of abuse is not okay.
“Whether it starts off emotional, they often start off that way, and they escalate, and they can escalate badly.
“Take what happened to me as a huge warning sign, because I wouldn’t want anyone else to be in the position I’ve been in the last eight months.”
Cosgrove was found guilty of attempting to murder Kerry and intentional strangulation.
He will be sentenced in July.
The King echoed the words of his grandfather as he delivered a speech at the precise moment King George VI addressed the nation to mark VE Day 80 years ago.
At 9pm, Charles spoke at Horse Guards Parade in central London and called on the country to “rededicate ourselves” to “the cause of freedom” and “the prevention of conflict”.
His grandfather spoke to the nation from Buckingham Palace at 9pm on 8 May 1945, to thank the country for their contribution as war came to an end in Europe.
King Charles III and Queen Camilla wave Union flags during the concert celebrating the 80th Anniversary of VE Day, held at the historic Horse Guards Parade in central London. Picture date: Thursday May 8, 2025.
Recalling the VE Day speeches, Charles said: “We should remind ourselves of the words of our great wartime leader, Sir Winston Churchill, who said ‘meeting jaw to jaw is better than war’.
“In so doing, we should also rededicate ourselves not only to the cause of freedom but to renewing global commitments to restoring a just peace where there is war, to diplomacy, and to the prevention of conflict.
“For as my grandfather put it, ‘We shall have failed, and the blood of our dearest will have flowed in vain, if the victory which they died to win does not lead to a lasting peace, founded on justice and established in good will’.
Stressing the responsibility we still hold today, he added: “Just as those exceptional men and women fulfilled their duty to each other, to humankind, and to God, bound by an unshakeable commitment to nation and service, in turn it falls to us to protect and continue their precious legacy – so that one day hence generations yet unborn may say of us: ‘they too bequeathed a better world’.”
King Charles III and Queen Camilla alongside the Waleses at the concert celebrating the 80th Anniversary of VE Day, held at the historic Horse Guards Parade in central London. Picture date: Thursday May 8, 2025. Pic: PA
The King’s words were designed to be a reminder of current conflicts.
In recent months, the monarch has been placed at the forefront of diplomatic matters, making his call for “unity” even more pertinent.
“The Allied victory being celebrated then, as now, was a result of unity between nations, races, religions and ideologies, fighting back against an existential threat to humanity,” the King said. “Their collective endeavour remains a powerful reminder of what can be achieved when countries stand together in the face of tyranny.”
After a week which has seen the Royal Family make it a priority to ensure VE Day commemorations have been special for the surviving veterans, the King thanked not just those who served in uniform but acknowledged the contribution of those left back home.
“We unite to celebrate and remember with an unwavering and heartfelt gratitude, the service and sacrifice of the wartime generation who made that hard-fought victory possible,” he said. “While our greatest debt is owed to all those who paid the ultimate price, we should never forget how the war changed the lives of virtually everyone.”
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King arrives at VE Day service
Like families up and down the country remembering VE Day, it was clear Charles’s mother, Queen Elizabeth II, was at the forefront of his mind.
Remembering his mother’s story of what happened when she was allowed to leave the palace, he said: “The celebration that evening was marked by my own late mother who, just 19 years old, described in her diary how she mingled anonymously in the crowds across central London and ‘walked for miles’ among them.
“The rejoicing continued into the next day, when she wrote ‘Out in the crowd again. Embankment, Piccadilly. Rained, so fewer people. Conga-ed into House. Sang till 2am. Bed at 3am!’.
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What VE Day was really like
Charles continued: “I do hope your celebrations tonight are almost as joyful, although I rather doubt I shall have the energy to sing until 2am, let alone lead you all in a giant conga from here back to Buckingham Palace.”
Earlier in the week, at a tea party held at Buckingham Palace, the King said to one veteran: “Do you do the conga? I remember doing congas with my grandmother round and round the house.”
Red Wall MPs should push for the two-child benefit cap to be lifted rather than a reversal of the winter fuel payment policy, Baroness Harriet Harman has said.
Baroness Harman, the former Labour Party chair, told Sky’s Electoral Dysfunction podcast that this would hand the group a “progressive win” rather than simply “protesting and annoying Sir Keir Starmer” over winter fuel.
Earlier this week, a number of MPs in the Red Wall – Labour’s traditional heartlands in the north of England – reposted a statement on social media in which they said the leadership’s response to the local elections had “fallen on deaf ears”.
They singled out the cut to the winter fuel allowance as an issue that was raised on the doorstep and urged the government to rethink the policy, arguing doing so “isn’t weak, it takes us to a position of strength”.
Labour’s decision to means test the policy has snatched the benefit away from millions of pensioners.
But Baroness Harman said a better target for the group could be an overhaul of George Osborne’s two-child benefit cap.
The cap, announced in 2015 as part of Lord David Cameron’s austerity measures, means while parents can claim child tax credit or Universal Credit payments for their first and second child, they can’t make claims for any further children they have.
Labour faced pressure to remove the cap in the early months of government, with ministers suggesting in February that they were considering relaxing the limit.
Baroness Harman told Beth Rigby that this could be a sensible pressure point for Red Wall MPs to target.
She said: “It could be that they have a kind of progressive win, and it might not be a bad thing to do in the context of an overall strategy on child poverty.
“Let’s see whether instead of just protesting and annoying Sir Keir Starmer, they can build a bridge to a new progressive set of policies.”
Jo White, the Labour MP for Bassetlaw and a member of the Red Wall group, suggested that her party’s “connection” to a core group of voters “died” with the decision to means test the winter fuel payment for pensioners.
“We need to reset the government,” she told Electoral Dysfunction. “The biggest way to do that is by tackling issues such as winter fuel payments.
“I think we should raise the thresholds so that people perhaps who are paying a higher level of tax are the only people who are exempt from getting it.”
Pic: AP
A group of MPs in the Red Wall, thought to number about 40, met on Tuesday night following the fallout of local election results in England, which saw Labour lose the Runcorn by-election and control of Doncaster Council to Reform UK.
Following the results, Sir Keir said “we must deliver that change even more quickly – we must go even further”.
Some Labour MPs believe it amounted to ignoring voters’ concerns.
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One of the MPs who was present at the meeting told Sky News there was “lots of anger at the government’s response to the results”.
“People acknowledged the winter fuel allowance was the main issue for us on the doorstep,” they said.
“There is a lack of vision from this government.”
Another added: “Everyone was furious.”
Downing Street has ruled out a U-turn on means testing the winter fuel payment, following newspaper reports earlier this week that one might be on the cards.
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