City police opened 50 per cent more Covid loan fraud probes in February, according to a City AM report. It noted that the City of London police had begun more investigations into fraud connected to the government’s Bounce Back Loan scheme (BBLs) in February than the prior month. In fact, police opened 26 fraud probes in relations to BBLs in February, up from 17 in January, and a further 28 in March- according to international law firm RPC.
