Bounce Back Loan Fraud | NCA Make First Arrest | Kangs Fraud Offences Defence Solicitors


On 13 October 2020 we published an article on this site warning against potential fraudulent use of the Government’s ‘Bounce Back Loan Scheme.’

To access that article please follow the link:

Bounce Back Loan Fraud | Kangs Fraud Offences Defence Solicitors

On the 27 October 2020 the National Crime Agency confirmed that it had effected its first arrest of an individual suspected of committing such a fraud.

Kangs Solicitors is highly regarded for successfully defending clients facing prosecutions for alleged financial offences of every nature.

Our team is led by Hamraj Kang who is recognised as a leading expert in the field. He is one of only two solicitors nationally to be ranked as a ‘star individual’ for six consecutive years in the leading law directory Chambers & Partners.

Other members of the team are ranked in the Legal 500 and also ranked in Chambers & Partners.

For an initial no obligation discussion, please call our Team at any of our offices detailed below:


The Circumstances Of The Arrest | Kangs Bounce Back Loan Fraud Solicitors

The National Crime Agency released the following information on the 27 October 2020:

‘A 52 year old man from Hertfordshire was arrested this morning in connection with potential offences against the Bounce Back Loan scheme and other frauds.

He was arrested at his home address in Hoddesdon and a search of his premises and a lockup recovered £17,000 in cash and a number of high value watches.

NCA Branch Commander Simon Gower commented: “This arrest is the first by the NCA in relation to potential fraud against the Government’s Bounce Back Loan scheme. The man arrested is suspected of falsely applying for the loan and allegedly using the money on personal items.”

Any fraudulent applications against the scheme may be criminally prosecuted for which penalties include imprisonment or a fine or both.

The investigation is on-going.’

The arrest clearly shows that the authorities are actively investigating fraudulent claims being made against Government schemes brought in to assist individuals and companies during the Covid-19 pandemic. 

How Can We Assist You? | Kangs Financial Crime Solicitors

Kangs Solicitors fields a nationally recognised financial crime defence team.  We have over twenty years’ experience representing clients across the country accused of committing high value multi-million-pound fraud offences.

We represent a wide range of clients including corporates, professional individuals such as lawyers, accountants and stockbrokers as well as other private individuals such as company directors and shareholders.

How To Contact Us | Kangs National Criminal Defence Solicitors

We welcome new enquiries by telephone or email and, when necessary, our expert 24/7 Rapid Response Police Station Team is here to assist you on 07989 521 210 should you require advice and assistance out of office hours.

Our team of lawyers is available to meet at any of our offices in London, Birmingham or Manchester or, alternatively, we are happy to arrange meetings via video conferencing.

For initial enquires please contact:

Hamraj Kang

Email Hamraj
07976 258171
020 7936 6396
0121 449 9888

John Veale

Email John
0121 449 9888
020 7936 6396

Amandeep Murria

Email Amandeep
0161 817 5020
0121 449 9888 

Commercial Disputes
In a previous article, ‘Trade Marks: Nature, Purpose, and Enforcement,' we outlined the advantages of Trade Marks and the protection afforded by registration. While the significant benefits of using Trade Marks are clear, there are potentially adverse consequences if it is not used after registration. The Trade Mark may become open to challenge pursuant to […]
Serious Fraud, Tax & HMRC
In a previous article titled ‘Umbrella Company Fraud’, we explained the general operation of ‘umbrella companies’ and highlighted how they have increasingly attracted HMRC attention due to their increasing propensity to be involved in, or facilitation of, supply chain VAT fraud. Fraudulent exploitation of Employment Allowance (EA) and the VAT Flat Rate Scheme (FRS) enables […]
Company News
KANGS is very proud to announce that our Founder and Senior Partner, Hamraj Kang, has once again maintained his position as a Recognised Lawyer in the SPEAR’S 500 Guide. The 2024 edition of the SPEAR'S 500 Guide has recently been released and it is the sixth consecutive year that Hamraj has been ranked in the […]

Get in touch

Need legal assistance? Contact our experienced team for prompt and professional support.
Old map of Birmingham