The Covid Bounceback loans, plus various business support schemes from 2020-2121 were a golden opportunity for scammers and fraudsters in the UK and abroad. Many cases are still feeding their way through the UK justice system and of course, many millions will never be recovered – except by raising taxes on more honest citizens. Here’s the latest case report, which highlights typical methods – claims specialists can always learn from such incidents.
A Sussex cafe owner who took £150,000 in Covid support funds for two companies which were not trading at the start of the pandemic has been sentenced. Mehmet Akyuz, 36, fraudulently obtained three maximum-value Bounce Back Loans worth £50,000 each in 2020 for his Green and Hove…
