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Loan fraudster jailed
The Huddersfield Daily Examiner
|September 29, 2025
CROOK GOT £50K 'BOUNCE BACK' CASH THEN SHUT DOWN BUSINESS EIGHT DAYS LATER
A FRAUDSTER who bought a house in Huddersfield using Covid Bounce Back Loan funds has been jailed.
Mohammed Rashidzadeh appointed solicitors to help him buy a three-bedroom semidetached house in the Almondbury area of Huddersfield just two days after receiving the £50,000 loan in June 2020.
The 34-year-old also attempted to strike his Cozy Bed Ltd company off the Companies House register without informing the bank who had lent him the Bounce Back Loan.
Rashidzadeh, formerly of Almondbury, Huddersfield, now of Caellepa, Bangor, North Wales, was found guilty of offences under the Fraud Act and Companies Act following a four-day trial at Leeds Crown Court earlier this year.
He was sentenced to 18 months in prison on Thursday this week.
Mark Stephens, chief investigator at the Insolvency Service, said: "Mohammed Rashidzadeh’s offending was twofold and deeply cynical.
Esta historia es de la edición September 29, 2025 de The Huddersfield Daily Examiner.
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