Network of fake companies shut down following Bounce Back Loan fraud

7th June 2023 Business | #bounce back loans

The Insolvency Service has announced it has secured the winding-up of 11 companies for their part in a scheme which orchestrated systematic fraud against UK taxpayers during the Covid-19 pandemic. Between them, the companies claimed £500,000 through the Bounce Back Loan scheme. The companies claimed to be registered at various offices in Berkshire, Lancashire, London…

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