Earlier than predicted, cases are already beginning to emerge of fraudulent applications for loans under emergency lending schemes for businesses introduced by the government to help companies manage the economic effects of COVID-19: the Business Bounceback Loan Scheme (BBLS) and Coronavirus Business Interruption Loan Scheme (CBILS).

https://www.addleshawgoddard.com/en/insights/insights-briefings/2020/litigation/clamping-down-fraud-concerns/