Money Box

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Factual: Money

The latest news from the world of personal finance

The latest news from the world of personal finance plus advice for those trying to make the most of their money.

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Money Box: £1.6m fraud investigation and Help to Buy

21/10/2023

£1.6m fraud investigation and Help to Buy

BBC Radio 4 - Money Box, £1.6m fraud investigation and Help to Buy

The UK company which had £1.6m stolen by fraudsters in a matter of minutes.

A hairbrush company founded in 1777 has had £1.6m stolen by thieves in a matter of minutes.

We investigate the case of Kent Brushes, a hairbrush company founded in 1777, which has had £1.6m stolen by thieves. The money was transferred in 40 separate transactions, all to new payees, in less than 20 minutes.  Dan Whitworth reports.

And - the difficulties facing people in England who used the government’s Help To Buy loan scheme to get on the property ladder.  What advice is there for those affected?

Presenter: Paul Lewis
Reporter: Dan Whitworth
Researchers: Jo Krasner and Sandra Hardial
Editor: Jess Quayle

(First broadcast 12pm Saturday 21st October, 2023)

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Money Box

£1.6m fraud investigation and Help to Buy

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