LONDON (Reuters) - Criminals may have made billions of pounds by exploiting a government loan scheme to help British businesses hit by the COVID-19 pandemic, while large losses are expected from firms unable to repay, the country’s spending watchdog has said.
https://uk.reuters.com/article/us-health-coronavirus-britain-loans/uk-covid-loan-scheme-could-lose-26-billion-pounds-from-fraud-defaults-watchdog-idUKKBN26R3PS