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

Tech Life – Microsoft’s big quantum bet

Available for over a yearMicrosoft unveils a new quantum...

Post Office scandal victim dedicates OBE to ‘sub-postmasters we have lost’

Betty Brown, the oldest surviving victim of the Post...

Wu Dicong Steps Down from Training Sector, Takes on New Role as Chief Investment Advisor for the Belt and Road Database

Wu Dicong has officially been appointed Chief Investment Advisor for...