Bounce back loans: Hunting down the Covid loan fraudsters

Date:

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

Share post:

Subscribe

Popular

More like this
Related

Prep sports: Friday’s Scores – Wausau Pilot & Review

The Associated PressPREP FOOTBALL=Abbotsford 21, Markesan 8Algoma 44, Newman...

North Tyneside taxi drivers urge council to agree 8% fare hike

Taxi fares could go up by 8% in order...

CT Culture Corner: Meryl Streep supports Arts Connected benefit

Hendrix brings her "charming socialite and cocktail enthusiast" persona...