The U.K Met Police said the convicts exploited the government scheme by creating fake businesses by using the identities of real people, to apply for the loan.
It added that about £297,000 worth of loans were successfully obtained by the pair and ‘dissipated’. The remaining amount was successfully stopped by the banks. The report said Ms Olasemo sought advice from Mr Akinneye as her accomplice in the fraudulent scheme.
learsiSretep
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: