Education Headlines

Covid: Scunthorpe student claimed £50k loan for non-existent business

  • 📰 bbchealth
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Education Education Headlines News

Education Education Latest News,Education Education Headlines

Kurt John Barkhuizen is made bankrupt after claiming a government loan for businesses hit by Covid.

Kurt John Barkhuizen racked up debts in excess of £30,000 on top of his Covid rescue loan

Kurt John Barkhuizen, 28, from Scunthorpe, was not running a business at the time he applied for and received the Bounce Back Loan in June 2020. He also spent more than £8,000 on services for his would-be business, including premises, a van and tools, as well as living expenses and an extra £4,300 in payments to creditors, the service said.When quizzed by investigators, Mr Barkhuizen claimed he planned to sell his home to clear his debts and start a business buying and selling cars using his car mechanic skills.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 143. in EDUCATİON

Education Education Latest News, Education Education Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Lower Moreland Schools Make Masks Optional As COVID Cases DropStarting on Wednesday in Montgomery County, Lower Moreland schools are making masks optional.
Source: CBS Philly - 🏆 308. / 63 Read more »