National Crime Agency
Arrests in £6m bounce back loan scam
Three men working for a London financial institution have been arrested by the National Crime Agency as part of an investigation into fraudulent Bounce Back Loan claims totalling £6 million.
Officers from the agency’s Complex Financial Crime Team apprehended two men – one 30-year old from Camden and 31-year-old from Mitcham – at their place of work. The third man, also aged 30, was arrested during a search of the address in Camden. Each was released following searches and interviews whilst enquiries continue.
The fraudulent claims are believed to have been made through the use of false data and documents.
Enquiries are ongoing to establish the true extent of their activity and whether others are involved.
Gary Cathcart, Head of Financial Investigation at the NCA recently said:
“Ensuring the integrity of the financial sector is a vital part of our work to tackle illicit finance. Professional enablers who use their specialist knowledge to facilitate criminal activity represent a significant threat, and the NCA will continue to work closely with our partners to target anyone involved in fraud.”
Latest News from
National Crime Agency
Major cocaine haul seized in Belfast as part of NCA investigation25/02/2021 10:15:00
Cocaine worth an estimated £1.6 million has been seized in Northern Ireland, as part of a National Crime Agency investigation into drug supply
Huge 1.5 tonne heroin haul seized in international operation25/02/2021 09:15:00
An operation involving the National Crime Agency has resulted in the one of the largest ever seizures of heroin in the Europe, denying millions of pounds of profits to organised crime groups
Child sex offender pretended to be boy online to target 11-year-old girl24/02/2021 11:15:00
A child sex offender who groomed an 11-year-old girl by pretending to be a 15-year-old boy online has been jailed for three years.
Suspected money launderer arrested as part of NCA investigation into small boats people smuggling24/02/2021 10:33:00
A man who is suspected of money laundering and handling payments relating to people smuggling has been arrested as part of a National Crime Agency investigation.
DNA on carrier bags linked lorry drivers to £3.2 million heroin shipment22/02/2021 14:15:00
Two lorry drivers have been jailed for a combined 27 years following a National Crime Agency investigation into the seizure of 32 kilos of heroin at Harwich port.
Leon Cullen extradited to the UK from United Arab Emirates22/02/2021 13:15:00
A 33-year-old man from Warrington suspected of being the head of a crime group supplying firearms and drugs has been extradited to the UK from the United Arab Emirates (UAE).
2.3 tonnes of cocaine seized before reaching UK streets22/02/2021 10:05:00
Ten people have been arrested in North London in relation to the seizure of approximately 2.3 tonnes of cocaine imported to the UK in a consignment of bananas
NCA releases updated list of ancillary orders22/02/2021 09:05:00
The NCA has released its latest list of restrictions imposed upon serious organised criminals, supporting the management of serious offenders. It includes Serious Crime Prevention Orders, Financial Reporting Orders and Travel Restriction Orders