The UK government estimated recently that the bounce-back scheme, which granted loans up to 50,000 pounds ($67,000) to small firms during the COVID-19 pandemic, cost it approximately 4.9 billion pounds ($6.5 billion) in fraud.
The UK government estimated recently that the bounce-back scheme, which granted loans up to 50,000 pounds ($67,000) to small firms during the COVID-19 pandemic, cost it approximately 4.9 billion pounds ($6.5 billion) in fraud.
