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Former Watford company boss sentenced over £50k fraud
Jobanputra received an 18-month suspended sentence, a £5,000 fine, and three-year director disqualification after illegally obtaining £100,000 from two Bounce Back Loans during the pandemic.
Summary by Watford Observer
4 Articles
4 Articles
UK Covid Loan Fraud: Man Jailed for Taking Two £50,000
A UK businessman has been sentenced after unlawfully taking advantage of a Covid-19 support scheme designed to help struggling firms survive the pandemic, in a case that serves as a stark warning to business owners across Britain’s migrant and diaspora communities. Prashant Jobanputra, 41, fraudulently secured two £50,000 Bounce Back Loans for his printing company, Genesis Web Limited, despite clear rules stating that businesses were only entitl…
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Total News Sources4
Leaning Left0Leaning Right0Center3Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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