Bounce back loans: Hunting down the Covid loan fraudsters

0

The BBC’s been given exclusive access to the unit tracking down Covid loan fraudsters. …

More than £40bn has been lent to struggling firms though the government’s bounce back loan scheme.

Worth up to £50,000 per application, the loans offer a lifeline to companies on the edge.

But financial crime experts fear many billions may have been lost to fraud and mistakes.

The BBC’s Angus Crawford was given exclusive access to a unit tracking down the fraudsters who took advantage of the scheme.

Shoot/edit: Tony Smith

Source

About The Author

Leave a Reply

Your email address will not be published. Required fields are marked *