Judge compares using loan sharks to drug abuse as thug is in dock
A JUDGE has likened using loan sharks to drug abuse for the misery they can bring to people's lives.
Recorder Malcolm Morse was speaking at the sentencing of Nathan Lakin, who admitted collecting money for a loan shark from a disabled man.
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Nathan Lakin
Lakin also admitted punching the man because he had told the police about him.
Giving the 27-year-old a nine-month jail sentence, suspended for 18 months, Recorder Morse said: "People who get into the hands of unlicensed money-lenders have the greatest difficulty getting out again and some never do."
He said that money-lenders were able to cause people in their clutches "something like the misery of a drug-addiction without any of the momentary pleasure".
Recorder Morse added that what Lakin had done was "particularly unpleasant and bad".
He said: "The man was partly paralysed and dependent on his benefit to live and what you were doing was enforcing his repayments."
As well as the suspended sentence, Lakin, of Co-operative Street, Derby, was given a 12-month supervision order and told to do 100 hours of unpaid work, when he appeared at Derby Crown Court yesterday.
Lakin's sentencing was the first prosecution to come out of the investigations of an organisation set up a year ago to tackle the problem of loan sharks in the East Midlands.
Steve Ward, of the Government-funded Public Protection Project Team, said it had been a successful first case and sent out a clear message to people that illegal money-lending would not be tolerated.
He said: "We are pleased Nathan Lakin has got a prison sentence, albeit suspended."
Iain MacDonald, prosecuting, said Lakin had punched the disabled man after he saw him in Phoenix Street, Derby, on August 1 this year.
Lakin had discovered that the man had told officers, working for the Public Protection Project Team, that he had collected debt from him in 2004.
The court was told that Lakin worked for money lenders who were also arrested and face trial accused of operating illegally. Lakin's job was to wait for the man to draw out his benefits from the post office.
The man would then hand over double the amount he had borrowed, which Lakin would take back to the money-lender.
Lakin admitted assault, harming a person assisting in an investigation, and assisting in debt collection without the right licence.
Stephen Cooper, in mitigation, said that, before the assault, Lakin had stayed out of trouble for two years and had thrown the punch out of frustration that his past was coming back to haunt him.
Mr Cooper said: "In 2004, Nathan was in the same position as the victim. He owed mon-ey and had a drug habit for heroin and crack cocaine."







4 Comments
by Anon, Derby
Tuesday, December 09 2008, 4:00PM
“I agree with you Mel but did you know for everyone we lock up its us honest hard working tax payers fthat foot the bill at around £100,000 per year per prisoner! The actions of this man are dispicable and I feel he should have been sentenced for assaulting a disabled man who could not defend himself regardless of the other charges involving illegal collection of monies. The story states that he himself has been the victim of these people so one would wonder is he still working for them to pay of a debt ? Perhaps his memory is that short he cannot remember the pain and misery he felt when in that situation. Perhaps he should have learnt his lesson at the hands of these people rather than see it as a career move to get a job with them! This makes me think he will never learn and has no respect or empathy for anyone around him. I sincerely wish the victim of this assault well and I hope that they get the support they need both emotionally in dealing with what has happened and some professional support for getting their debts sorted out . No one should be left feeling that vulnerable in today's society. I know there are a number of agencies that can help with money problems including citizens advice and Credit Unions a far safer first step to help than falling into the hands of loan sharks.”
by Mel, Derby
Tuesday, December 09 2008, 2:12PM
“How is it that scum like this always get a suspended sentence? Get them off our streets, they are a menace to society.”
by mr, derby
Tuesday, December 09 2008, 9:30AM
“got to laugh with you on this one jeff.he's like postman pat in a hoodie.”
by Jeff, Derby
Tuesday, December 09 2008, 9:24AM
“Now, i'm not normally one to judge people on their appearances but i'm afraid that if this poor excuse for a human being were to come to my front door to collect an outstanding debt, i'd collapse from laughing so much. I mean, look at him, trying to be gangster with his hoodie and cap. 50cent?, more like no sense. Pathetic. Just what exactly did the money lenders see in him on the day they gave him the job, Not exactly your normal run of the mill heavy is he. I hope the disabled man who was punched by this wretch gets over his ordeal soon, puts it behind him and enjoys his christmas.”