Credit, Collections & Insolvency News
A Covid fraudster has been sentenced after illegally obtaining a second Bounce Back Loan for his company when businesses were only entitled to one. Jobanputra applied for two £50,000 Bounce Back Loans for his printing business, Genesis Web Limited, within a five-day period in the summer of 2020. The 41-year-old fraudulently declared on the second…
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An accountant who helped himself to £27,000 from the ‘Eat Out to Help Out’ scheme as part of a bigger Covid loans fraud has been jailed for three years and eight months. Zeeshan Ashraf claimed a total of £268,102.07 and tried to claim £52,732.66 that he was not entitled to from support schemes set up…
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A man from South London has been sentenced to five years in prison for impersonating banks and stealing £988,719 from banking customers. The sentencing follows an investigation and arrest by specialist banking industry sponsored police unit, the Dedicated Card and Payment Crime Unit (DCPCU). Between 2021 and 2024, Adam Raja, defrauded banking customers by impersonating…
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