West Midlands man arrested on suspicion of £495,000 furlough fraud

A West Midlands boy got arrested as part of an HM Revenue and Customs( HMRC) investigation into a suspected PS495, 000 Coronavirus Job Retention Scheme( CJRS) fraud.

HMRC men performed a search warrant yesterday (8 July 2020) in the Solihull area and arrested the 57 -year-old. This is the firstly arrest in connection to alleged fraud relating to CJRS.

Computers and other digital manoeuvres were abducted, and funds held in a bank account relating to his business ought to have frozen.

Richard Las, playing administrator, Fraud Investigation Service, HMRC, said: “The Coronavirus Job Retention Scheme is part of the collective national effort to protect professions. The vast majority of employers will have exploited the CJRS responsibly, but we will not hesitate to act on reports of defamation of the scheme.

“This is taxpayer’s money and any claim that proves to be sham limits our ability to support beings and deprives community service of indispensable funding.”

He computed: “As normal, we have improved gradations in to prevent mistakes and fraud happening in the first place, but anyone who is concerned that their supervisor might be abusing the scheme should report it to HMRC online.”

More than PS27. 4bn has been claimed through the Job Retention Scheme supporting 1.1 million employers and trade 9.4 million furloughed jobs.

The 57 -year-old man was also arrested in relation to a suspected multi-million pound tax fraud and alleged money laundering offences.

HMRC said a further eight mortals from across the West Midlands have also been arrested as one of the purposes of this linked investigation, which involved the deployment of more than 100 HMRC officers to 11 locations.

Further computers and other digital devices were hijacked, plus business and personal records.

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