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The Independent UK
The Independent UK
National
Tom Watling

Man jailed after using £50,000 Covid business loan to buy a house

Covid-19
Mohammed Rashidzadeh, 34, secured a £50,000 Bounce Back Loan in June 2020 and used it to buy a home - (PA Wire)

A man who used a government-backed Covid loan to buy a house has been jailed for fraud.

Mohammed Rashidzadeh, 34, secured a £50,000 Bounce Back Loan for his company, Cozy Bed Ltd, in June 2020.

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