Bounce back loans: Hunting down the Covid loan fraudsters
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