Fraud fears over £26million in payments to companies that were set up AFTER Covid relief scheme started Around 340 firms were registered to just five addresses, prompting fraud fears A new HMRC team tasked with recovering £1billion is likely to scrutinise firms 7,000 companies registered to five London addresses claimed up to £473million Furlough helped pay the wages of 11.6million workers at a cost of £70billion
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Hundreds of companies which started trading after the furlough scheme was set up have claimed up to £26.6million from the taxpayer, it was reported last night.
Around 340 firms registered to just five addresses in London are said to have been established on or after March 1 last year, when furlough came into force, prompting fraud fears.
A new HMRC team tasked with recovering £1billion in