The National Audit Office (NAO) is calling on government to improve its oversight after millions of pounds was fraudulently claimed through Covid grant schemes
MPs have criticised HMRC’s performance in tackling Covid-19 support fraud, after recovering only £640,000 of an estimated £2.3bn in furlough payments fraudulently claimed by employers
A director of a Middlesbrough telecoms company has been given a suspended sentence after fraudulently taking a £25,000 bounce back loan and then dissolving company the next day
An Essex-based duo have been disqualified for 16 years after falsely claiming £20,000 in bounce-back loans after exaggerating its turnover by more than seven times the actual amount
The dedicated covid fraud taskforce at HMRC has failed to meet targets set for fraud recovery while investigations are taking longer than expected to complete
Employers felt that the coronavirus job retention scheme (CJRS) was open to intentional misuse because of its necessary accessibility, finds HMRC research