Dudley director jailed for falsely claiming £50,000 Covid Bounce Back Loan
Craig Smith lied about his turnover to secure the maximum loan available.
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Craig Smith was charged with fraud after receiving £50,000 he was not entitled to
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Smith was jailed earlier this month following Insolvency Service investigations
The boss of a property maintenance company who lied about his turnover to secure a maximum-value Covid Bounce Back Loan has been jailed.
Craig Smith, of Saltwells Road in Dudley, set up C.A.S. Property Maintenance (Midlands) Limited in April 2020.
The 42-year-old applied for a Covid Bounce Back Loan in August 2020 using his own name as the loans were only available to businesses trading from the…