A property dealer used covid cash his companies weren't entitled to, to buy a house and pocket £100,000 when it sold.
Investigators discovered Brendan Gaughan took out £135,000 in Bounce Back Loans (BBL) funded by the UK Government to help businesses during the pandemic.
He used the cash to help buy a property in Knightswood for £160,000, which sold later for £140,000, the Sunday Mail reports. Gaughan put £100,000 of the proceeds into his own bank account.
