Month: April 2022

The Disqualification Files

Lord Agnew Proven Right As Its Discovered One Person Did Use a Bounce Back Loan to Purchase High Value Vehicles But Then Sold Them and Used the Funds for Personal Use Getting a 4 Year Bankruptcy Restrictions Order for Their Cheek

April 23, 2022

Two more cases of Bounce Back Loan wrongdoing for you to peruse today, one involving a £50k BBL that was secured by misrepresentation and saw a 4-year BRO being handed a 5 year BRO handed out to someone else for all manner of wrongdoing involving a BBL. […]

The Disqualification Files

5 Year 6 Month Disqualification for Using an HSBC Bounce Back Loan for Personal Benefit

April 22, 2022

Another £27.5k and one more Bounce Back Loan has been added to my BBL Tracker that is keeping score of those who have received a slap for what is deemed to be “wrongdoing” with a Bounce Back Loan, and today’s case looks at a Company Director that was found to have used an HSBC BBL for personal benefit and received a 5 year and 6-month disqualification at liquidation. […]

BBL Complaints and Outcomes

A Barclays Customer Says a Fraudster Transferred a Large Chunk of Their Bounce Back Loan Out of Her Account but the Ombudsman Says the Phone Calls Made to the Bank Sound Like the Customer and Do Not Uphold the Complaint

April 21, 2022

Having informed Barclays that someone had transferred a large amount of her BBL out of her account fraudulently and getting nowhere, a customer takes the complaint to the Ombudsman who states it was more than likely the customer who made the transaction and not a fraudster, and subsequently does not uphold the complaint. […]