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Whitley Bay Pizza Boss Jailed After Spending Fraudulent Covid Loans on Gambling

He obtained three £50,000 loans and spent £131,419 on gambling and toys, the Insolvency Service said.

A North Tyneside pizza boss who fraudulently secured £150,000 in Covid loans before company funds were spent on gambling has been jailed.

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"Should we wait for the company to open? Should we go elsewhere for work? Should we go to the unemployment fund? We don't know what to do," says Giannis, a distributor for four years at the chain.

·Marousi, Greece
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GOV.UK broke the news in United Kingdom on Monday, October 26, 2026.
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