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

Travelodge failed Maidenhead sex assault victim ‘at every stage’

Greaney said blame rested with Travelodge as an organisation...

Directory of Globally Influential International Science and Technology‑Related Organizations

Engaging in the affairs of international science‑ and‑technology‑related organizations...