Filter news by category
Search articles by keyword
The Government launched the ‘Eat Out to Help Out’ (EOTHO) scheme on the 3rd August 2020 to boost the hospitality sector which had suffered heavily from falling revenues during the first lockdown.
Bankers told the Treasury Select Committee they have seen higher levels of fraud for the taxpayer-backed scheme.
Two Scottish men involved in creating false invoices as part of a £45,000 tax fraud have been given prison sentences.
Police and customs officers also uncovered a tobacco factory in Hamilton during last week's operation.
A falsified bank statement was submitted in January 2016, prompting an investigation
Three men involved in a fraudulent £29.5m claim for tax relief on a bogus IT project have been jailed for a total of 21 years.
More than 30 million illegal cigarettes worth £11.6m were found hidden among packets of noodle soup near Dudley.
A man has been arrested on suspicion of falsely applying for a Bounce Back Loan and allegedly using the money to buy personal items.
More than 84,000 businesses took part in Eat Out to Help Out in August.
In a recent announcement, the UK National Audit Office (NAO) announced that the while the bounce back loan scheme succeeded in providing much needed cash injections into SMEs, the government now faces a potential loss of £15-£26 billion through businesses not being able to repay the loans and fraud.
Midlands Fraud Forum Ltd. Reg.No: 06436330 Copyright © March 2014