Up to £40million of furlough cash was paid in a single month to a set of companies that appear to have no staff.
The four British firms, set up by an Indian entrepreneur, each claimed between £5million and £10million in May this year.
They were founded by Rajanish Garibe, 44, an elusive businessman whose firms’ ‘Europe corporate headquarters’ turned out to be a virtual mailbox in east London.
Whoops!! Just as we all said would happen when the Treasury taps were turned on with no way of checking whose bucket was collecting the outflow, eh?
The Treasury paid out the sums from its Coronavirus Job Retention Scheme to his companies despite their shoddy or non-existent websites and no evidence of any actual staff.
Well, how could they have known? I mean, really, these fraudsters are so sophis...
The website of Domain Corporation Ltd – supposedly a tech consultancy – is so amateur that it contains dummy text. The three other firms – Domain Foundation, Domain International School and Domain Research Hospital – do not even seem to have websites.
Oh. And it's just a drop in the ocean:
The Treasury says the furlough scheme has been abused and there are 23,000 ongoing inquiries into ‘incorrect’ payments.
Last night, HMRC said it could not comment on ongoing cases, but added: ‘We are taking tough action to tackle fraudulent and criminal behaviour.’
Anyone think we'll ever see a penny of that £40m..?