Article 58QDW Organised crime in UK exploiting coronavirus loan scheme, NCA warns

Organised crime in UK exploiting coronavirus loan scheme, NCA warns

by
Jasper Jolly
from on (#58QDW)

Crime agency found evidence bounce back' scheme for small businesses is being exploited

Organised criminals are targeting the government loan scheme for small businesses hit by the coronavirus pandemic with fraudulent applications, the UK's top crime agency has warned.

The National Crime Agency (NCA) on Friday said it had found evidence the bounce back" loan scheme is being exploited, and that it was working with the banking sector and other law enforcement organisations.

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