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Service NSW and NSW Police to investigate fraudulent COVID-19 Business Grants

Service NSW and NSW Police to investigate fraudulent COVID-19 Business Grants

Service NSW and the NSW Police have established Strike Force Sainsbery to investigate fraudulent applications for COVID-19 micro-business grant payments.

These micro-business grant payments of $1,500 per fortnight, were available to small businesses, sole traders, and not-for-profit companies, where revenue fell 30% or more during the lockdown.

From 20 September 2021 businesses were required to reaffirm their eligibility each fortnight to continue to receive the grant payments. Service NSW fraud and compliance investigators identified numerous anomalies in applications made during October 2021 and paused payments while the anomalies were investigated. 

They have investigated applications worth $15.9 million and suspended fraudulent applications of $4.6 million from being paid. NSW Police have stated “let this be a warning to anyone who made a fraudulent application. It will not be long before we are knocking on your door!”.

If you believe that you may have an error in your COVID-19 business grant application and have received funds you are not entitled to, please contact us to re-check your eligibility.

Author – Zane Grigg

*Correct as of 16 December 2021

*Disclaimer – this article has been produced by Kreston Stanley Williamson as a service to its clients and associates. The information contained in the article is of general comment only and is not intended to be advice on any particular matter. Before acting on any areas contained in this article, it is imperative you seek specific advice relating to your particular circumstances. Liability limited by a scheme approved under professional standards legislation.

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