Fraud and Error: Fraudster who owes £72million jailed after he's caught in £50k Covid loan scam

30 Sep 2024 8:41 AM | Anonymous member (Administrator)

A fraudster who owes the government tens of millions of pounds defrauded the government to pay them back, a court heard. Gerald Smith, who has already served two prison sentences for fraud, was found guilty of cheating taxpayers during the pandemic to pay legal fees, related to a £72million confiscation order, while claiming the money was for his business Arcana Solutions Ltd.

Fraudster who owes £72million jailed after he's caught in £50k Covid loan scam (yahoo.com)

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