The Hindu·2 min read·medium
Indian-origin woman sentenced to two years jail over Covid business loan fraud in U.K.
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PTI
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Rupali Wagh, an Indian-origin businesswoman in the U.K., has been sentenced to over two years in prison for committing fraud. She illegally obtained government-backed Covid-19 bounce-back loans by inflating her business turnover and misusing the funds for personal debts and investments.
An Indian-origin woman, who pleaded guilty to fraud over illegally obtaining five loans being offered by the State to support businesses at the height of the Covid pandemic , has been sentenced to over two years jail by a U.K. Court.
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