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£4.5bn lost to fraud in three COVID schemes as Rishi Sunak's Eat Out to Help Out scheme recorded 9.5% rate of fraud, HMRC says

£4.5bn lost to fraud in three COVID schemes as Rishi Sunak's Eat Out to Help Out scheme recorded 9.5% rate of fraud, HMRC says

The revelation emerges during a hearing of the Treasury Committee, which hears the HMRC seized a non-fungible token cryptocurrency asset and is "ahead of the game" compared to "most other tax authorities" on the potential use of cryptocurrencies for tax evasion, according to CEO Jim Harra.
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