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Rico Iheagwara fraudulently applied for two £20,000 Bounce Back Loans during the summer of 2020
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Iheagwara’s SJR Recruitment Limited company was not trading at the time of the applications
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SJR Recruitment was placed into liquidation in 2021 with liabilities of more than £67,000
A recruitment consultant who fraudulently spent Covid support funds for personal purposes has been handed a suspended sentence.
Rico Iheagwara secured two Bounce Back Loans worth £20,000 each from different banks for his Essex-based SJR Recruitment Limited company when businesses were only entitled to a single loan under the scheme.
Iheagwara, 36, of River Meads, Stanstead Abbotts, Hertfordshire, was sentenced to…