Construction Boss Penalized Over COVID Loan Fraud

By Lucia Osborne-Crowley (August 25, 2021, 2:15 PM BST) -- A bankrupt construction boss has had his insolvency restrictions extended by 10 years after he accepted a fraudulent loan from Britain's COVID-19 program, a government agency has said.

The Insolvency Service said on Tuesday that it has extended the bankruptcy restrictions it placed on scaffolder Lee Hobson after it discovered he had applied for, and received, a fraudulent £50,000 ($68,500) loan from the government's so-called Bounce Back program for those who lost out during the coronavirus crisis.

Hobson applied for the loan under the name of a company he no longer worked for, the Insolvency Service said. He used the money...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!