UK’s Serious Fraud Office is probing ECO4 schemes over false invoices and energy scheme failures, amid wider crackdown on financial crime.
The UK’s Serious Fraud Office has arrested four individuals and searched six sites across the country as it investigates allegations that three companies involved in the ECO4 scheme have submitted false claims. The scheme aimed to reduce fuel poverty and carbon emissions but is suspected of being exploited for financial gain, with losses estimated at over £44 million.