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

In Paris, Katy Perry, Justin Trudeau confirm they are dating

Pop star and recreational astronaut Katy Perry has...

Money for war, but not the poor

A tent belonging to homeless people in downtown Los...

Prep baseball players feeling inspired to emulate Shohei Ohtani

There are plenty of people speculating how one...