Mohammed Rashidzadeh obtained a £50,000 Bounce Back Loan for his business but almost immediately transferred the money from his company account to buy a house in Huddersfield

Rashidzadeh applied to close down Cozy Bed Ltd through Companies House within eight days of receiving the funds, while deliberately failing to notify the bank that lent him the money of his intentions

The 34-year-old, now based in North Wales, was jailed for 18 months following investigations by the Insolvency Service

A Covid fraudster who bought a house in Huddersfield using Bounce Back Loan funds has been jailed.

Mohammed Rashidzadeh appointed solicitors to help him buy a three-bedroom semi-detached house in the Almondbury area of the town just two days after receiving the £50,000 loan in June 2020.

The 34-year

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