Rolex Files

6 Year Bankruptcy Restrictions Order for Ex-Fruit and Vegetable Retailer Who Secured a £28,000 Bounce Back Loan for a Business That Had Ceased Trading and Spent £2,400 on a Watch and Even More on “Living Costs”

The cases of Bounce Back Loan wrongdoing just never end, and here is another one that resulted in a 6 year BRO for someone who got a £28k BBL when his business had ceased trading and used it for personal benefit such as buying an expensive watch and living costs. […]

The Disqualification Files

Nine Sole Trader BBL’s Worth £400k (Two to One Person) Go Bad with the Proceeds of Those Loans Being Used for Personal Benefit Including Garden Improvements, Gambling and Trading on a Trading Platform and Who Knows What Else

There has just been an avalanche of Sole Trader BBL’S that have turned bad and have just worked their way through the insolvency system, and as such today I present to you a total of eight cases involving nine Bounce Back Loans given to Sole Traders worth some £400,000 that have resulted in some long Bankruptcy Restriction Orders being given out. […]