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United Kingdom · Question · Written question

UIN 1374

Bounce Back Loan Scheme: Fraud

answeredUnited Kingdom· UK Parliament· EN

Introduced

12 May 2022

Last action

20 May 2022 · Answer

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Answered

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Discovery layer

Source updated

20 May 2022

Summary

To ask the Secretary of State for Business, Energy and Industrial Strategy, how many and what proportion of coronavirus bounce back loans from each lender have been identified as fraudulent.

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Timeline

  1. 12 May 2022

    Written question

    To ask the Secretary of State for Business, Energy and Industrial Strategy, how many and what proportion of coronavirus bounce back loans from each lender have been identified as fraudulent.

    Source: Commons

  2. 20 May 2022

    Answer

    It is not possible to confirm the proportion of Bounce Back Loans from each lender that have been identified as fraudulent. Lenders are able to flag individual loans as suspected fraud, however this does not necessarily indicate that a fraud has taken pla...

    Source: Written answer

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