Covid: Scunthorpe student claimed £50k loan for non-existent business

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Kurt John Barkhuizen is made bankrupt after claiming a government loan for businesses hit by Covid.

Kurt John Barkhuizen racked up debts in excess of £30,000 on top of his Covid rescue loan

Kurt John Barkhuizen, 28, from Scunthorpe, was not running a business at the time he applied for and received the Bounce Back Loan in June 2020. He also spent more than £8,000 on services for his would-be business, including premises, a van and tools, as well as living expenses and an extra £4,300 in payments to creditors, the service said.When quizzed by investigators, Mr Barkhuizen claimed he planned to sell his home to clear his debts and start a business buying and selling cars using his car mechanic skills.

 

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