Businessman arrested over alleged 495k furlough fraud
The Telegraph reports how a businessman, alleged to have committed a £495,000 furlough fraud, has become the first to be arrested in connection with the Government scheme.
The 57-year-old man, who has not been named, was quizzed by officers from HM Revenue and Customs (HMRC) on Wednesday in connection his use of the Coronavirus Job Retention Scheme (CJRS).
HMRC said it was the first such arrest to happen.
Richard Las, acting director, Fraud Investigation Service, HMRC, said: "The vast majority of employers will have used the CJRS responsibly, but we will not hesitate to act on reports of abuse of the scheme.
"As usual, we have built steps in to prevent mistakes and fraud happening in the first place, but anyone who is concerned that their employer might be abusing the scheme should report it to HMRC online."
More than £27.4 billion has been claimed through the scheme, supporting 1.1 million employers and 9.4 million furloughed jobs.
HMRC added that the man was also arrested in relation to a suspected multimillion-pound tax fraud and alleged money laundering offences.
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