Alok Sharma, business secretary, launched the scheme to help out ailing businesses. Photo: Leon Neal/Pool via Reuters
Alok Sharma, business secretary, launched the scheme to help out ailing businesses. Photo: Leon Neal/Pool via Reuters

The UK’s National Crime Agency has joined other institutions in warning on the risk of emergency taxpayer-backed loans for small business being targeted by criminals.

The agency said there was intelligence that the Bounce Back loan scheme was being exploited by organised crime, according to a report in The Times on Saturday.

This follows warnings from the sate bank in charge of two COVID-19 support programmes that the schemes risked widespread fraud and poor value for money.

Keith Morgan, chief executive of the British Business Bank, twice wrote to business minister Alok Sharma in May raising concerns about the Bounce Back loan scheme and the Future Fund.

Billions has been leant and invested through both programmes. Bounce Back loans provide a 100% state guarantee to lenders offering low-interest loans. The support is capped

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NEW YORK, N.Y. — Leaders from more than 160 major companies and business groups called on Mayor Bill de Blasio this week to address rising crime and quality of life issues so that New Yorkers return to work as the city begins bouncing back from the coronavirus pandemic.

“Despite New York’s success in containing the coronavirus, unprecedented numbers of New Yorkers are unemployed, facing homelessness, or otherwise at risk. There is widespread anxiety over public safety, cleanliness and other quality of life issues that are contributing to deteriorating conditions in commercial districts and neighborhoods across the five boroughs,” the business leaders said in a letter to de Blasio on Thursday.

“We need to send a strong, consistent message that our employees, customers, clients and visitors will be coming back to a safe and healthy work environment. People will be slow to return unless their concerns about security and the livability

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Aswad Thomas’ dream of pursuing a career in basketball was disrupted about a decade ago when he was shot twice in the back during an attempted armed robbery in Connecticut. In the following years, Thomas—like many other victims of violent crime—didn’t know that Congress had set aside money and resources for his recovery decades ago.

Had Thomas known, the 37-year-old says he would have been better able to deal with the injury as well as his PTSD by tapping into counseling services, physical therapy and relocation support. “I was shot just blocks away from where I live so the fear of going outside was something I struggled with for years,” Thomas says. “I would have loved physical therapy to help me get back on my feet and see if I could continue my basketball career.”

Thomas was 26 when he was shot, just three months after he became a first-generation

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But the recidivism rate is far lower for prisoners who are able to get some postsecondary education while in prison. Fewer than 3 percent of graduates of BPI, which is based in New York, return to prison. In contrast, well over 30 percent of individuals released from the New York Department of Corrections and Community Supervision return to custody within just three years. Other colleges with similar postsecondary education programs for prisoners also boast lower recidivism statistics than their state averages.

Providing education to the incarcerated is a win-win — it reduces future crime rates and saves public funds that otherwise would be spent keeping people in jail or prison.

Unfortunately, however, Dyjuan’s ability to access a postsecondary education while incarcerated is far from typical. The 1994 Violent Crime Control and Law Enforcement Act rendered anyone behind bars ineligible to receive federal Pell Grants. These grants, which give impoverished students

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The U.K.’s Financial Conduct Authority wants more types of firms to report suspected financial crimes. At present, only 11% of the 23,000 firms it regulates under a 2017 anti-money-laundering rule do so.



Photo:

chris helgren/Reuters

A U.K. regulator is proposing to expand an annual financial crime reporting requirement to a wider set of companies, including cryptocurrency exchanges and custodian wallet providers.

The Financial Conduct Authority, in a consultation paper published this week, proposed extending its requirements to provide firm-specific information about suspected financial crime to companies that conduct regulated activities that could pose higher money-laundering risks.

Roughly 11% of the 23,000 companies the FCA supervises under a 2017 anti-money-laundering law submit such information about potential financial-crime risks, the regulator said.

The FCA currently assesses whether companies need to comply with the

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AUSTIN — President Donald Trump will again carry Texas and win re-election because he’s attuned to the fears suburban residents have about crime and Democratic-backed programs that would bring low-income housing to their neighborhoods, Lt. Gov. Dan Patrick said Sunday.

“It doesn’t matter in Fort Bend County or in Collin County if you’re Black, white or brown, if you’re living in the suburbs, they are not in favor of low-income housing being built near and around their neighborhoods,” Patrick said in a phone interview from Charlotte, N.C.

Patrick spoke as the Republican National Committee, which was meeting in Charlotte, was expected Monday afternoon to renominate Trump for a second term.

On Monday night, the GOP kicks off its four-night convention with a prime-time program that follows Democratic presidential nominee Joe Biden and the Democrats’ virtual convention last week.

“This has nothing to do with racism,” said Patrick, who is chairman

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Investigators searching for a little girl who disappeared from a Bridgeton park more than 11 months ago believe she was likely abducted by someone looking for an opportunity to take a child.



a person standing next to a forest: A red flag was placed on this pile of ash by volunteers. Police will examine any flagged sites for possible clues. A volunteer search party deployed today to search for clues in the case of Dulce Maria Alavez, the 5-year-old who was reported missing from Bridgeton City Park during a Sept. 16 family outing. Bridgeton, NJ. Sunday, October 6, 2019.


© David Gard | For NJ Advance Media/David Gard | For NJ Advance Media/nj.com/TNS
A red flag was placed on this pile of ash by volunteers. Police will examine any flagged sites for possible clues. A volunteer search party deployed today to search for clues in the case of Dulce Maria Alavez, the 5-year-old who was reported missing from Bridgeton City Park during a Sept. 16 family outing. Bridgeton, NJ. Sunday, October 6, 2019.

They also believe surveillance videos harvested from the area could show the abductor’s vehicle.

Dulce Maria Alavez was 5 when she vanished during a family outing to Bridgeton City Park on the afternoon of Sept. 16, 2019.

Her mother had taken her kids

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