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View Full Version : Restaurant Manager Given Suspended Sentence After Using Covid Bounce Back Loan To Buy



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24-May-24, 12:30
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:

Restaurant Manager Given Suspended Sentence After Using Covid Bounce Back Loan To Buy Jewellery




Director applied for two Bounce Back Loans when businesses were only allowed one and used the funds for her own personal gain. Sehrish Yasmin applied for two Covid Bounce Back Loans for her Manny Steak House Ltd business based in south Manchester, which was not allowed under the rules of the scheme More than £12,000 from the loan was spent by Yasmin at the Jewellery Quarter in Birmingham Yasmin was given a suspended sentence and has paid the two loans back in full A Manchester restaurant manager who fraudulently obtained two Covid loans worth £100,000 and spent taxpayers' money on jewellery has been handed a suspended sentence. [Read Full Article (https://caithness-business.co.uk/article/23682)]