A woman who pretended to run a business to secure a £50,000 Covid Bounce Back Loan has been sentenced for fraud following an investigation by the Insolvency Service.
Rubaszko applied to a bank for a Covid Bounce Back Loan on 26th April 2021, which was approved on 28th April 2021 and paid into her bank account.
In the application, she claimed she had been operating a business since 1st March 2020 and had a turnover of £210,000. But investigations into Rubaszko’s finances showed her tax returns were no higher than £15,100 each year between 2019 and 2021.
In a prepared statement, Rubaszko claimed to have been contacted by a man called Daniel, who told her how to apply for the loan, and to declare herself bankrupt to…