07-02-2025 08:49 via constructionenquirer.com

Construction boss jailed for double Covid loan claim

A Berkshire-based director who fraudulently obtained two Covid loans for his construction firm has been jailed.
Arti Deda, 31, overstated the turnover of his Knight Workers Limited company to obtain maximum-value Bounce Back Loans worth £50,000 each from the bank in 2020, when companies were only entitled to one.
None of the £100,000 was used for the economic benefit of the business as was required under the terms of the scheme.Deda, of Slough, was sentenced to two-and-a-half years i
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