Watch this

[eggsarascal]

It doesn't take long for the crooks to get going.

 

Fraudster uses coronavirus loan scheme to scam Scots car dealer out of £40K Porsche - Daily Record

WWW.DAILYRECORD.CO.UK

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Stephen Bogan warned others to be “unbelievably vigilant” after the scammer took out a government loan in his...

 

 

[trigger_andy]

8 minutes ago, eggsarascal said:

It doesn't take long for the crooks to get going.

 

Fraudster uses coronavirus loan scheme to scam Scots car dealer out of £40K Porsche - Daily Record

WWW.DAILYRECORD.CO.UK

---

Stephen Bogan warned others to be “unbelievably vigilant” after the scammer took out a government loan in his...

 

 

Its truly shocking how easily it is to take out one of these loans and how quickly the money is paid out with next to no actual checks. 

[eggsarascal]

11 minutes ago, trigger_andy said:

Its truly shocking how easily it is to take out one of these loans and how quickly the money is paid out with next to no actual checks. 

It was obvious no checks were being carried out when I applied, there must have been thousands of applications going in every hour and the money was in my bank in short time.

[trigger_andy]

1 minute ago, eggsarascal said:

It was obvious no checks were being carried out when I applied, there must have been thousands of applications going in every hour and the money was in my bank in short time.

I wonder how many actually get paid back? 

 

Gonna be some significant tax hikes in the pipeline. 

[donnk]

more importantly, whats a frock wearing north of the border subject doing with a Porsche ?

 

 

[Stubby]

2 hours ago, donnk said:

more importantly, whats a frock wearing north of the border subject doing with a Porsche ?

 

 

He is the dealer . The potential thief was from London .

[eggsarascal]

8 hours ago, trigger_andy said:

I wonder how many actually get paid back? 

 

Gonna be some significant tax hikes in the pipeline. 

I think you are wrong, I don't think there will be significant tax hikes, I did but, don't now. "We"ve gone too far. That mysterious magic money tree will come into play. We, your children, and their children's children will be paying for this. A bit like WW11. Or the government (whichever colour) will just stack the debt in the inbox and get some more bonds.

[trigger_andy]

6 hours ago, eggsarascal said:

I think you are wrong, I don't think there will be significant tax hikes, I did but, don't now. "We"ve gone too far. That mysterious magic money tree will come into play. We, your children, and their children's children will be paying for this. A bit like WW11. Or the government (whichever colour) will just stack the debt in the inbox and get some more bonds.

I hope you're right. 

[gorgons]

It is a pity that people profit from such events. These loans are supposed to help people, not fill the pockets of fraudsters.

[donnk]

On 12/07/2020 at 16:13, eggsarascal said:

It was obvious no checks were being carried out when I applied, there must have been thousands of applications going in every hour and the money was in my bank in short time.

Not quite correct.

 

Standard AML checks are done by the bank for identity purposes. 

 

Eligibility is all self cert for the bounceback so nothing for the bank to do there but process it.