July 2022 - Page 10 of 15 - Mr Bounce Back - Bounce Back Loan News - Updates

Blagging Two Bounce Back Loans Worth £100k in Total for His One Single Business and Leaving Them Both Unpaid at Liquidation Sees Company Director Hit with an 11 Year Disqualification

July 12, 2022

There is an estimated 22,000 Bounce Back Loans which are deemed to be suspected duplicates, that being BBLs that went out to businesses that had already secured one of those loans. Here is a case which saw a Company Director getting an 11-year disqualification for blagging two of those loans, by making applications a few weeks and the second after the first BBL had been drawn down. […]

Santander Lose Another Bounce Back Loan Worth £50k after a Company Not Even Trading Applied For and Gets One of Those Loans Resulting in a 10 Year Disqualification for the Company Director

July 12, 2022

Despite their proclamations they are doing everything possible to ensure they stay on top of Bounce Back Loan fraud; Santander have been left with egg on their face for giving a £50k BBL to a Company not even trading. […]

12 Year Disqualification for Applying for a Bounce Back Loan When His Business Had Ceased Trading Using Most That £50k BBL for Personal Use, Over-Egging Turnover and Failing to Give the Bank Notice of the Dissolution

July 12, 2022

A huge 12-year disqualification was deemed to be the suitable punishment for the Company Director in this case, who had it away with a £50,000 Bounce Back Loan that the bank are not going to see again. […]

Co-Directors Given 7 Year Disqualifications for Another Case of Bounce Back Loan Wrongdoing That Saw a £50k BBL Turn Sour

July 12, 2022

There is always a story surrounding all cases of Bounce Back Loan Scheme abuse, and here is the background of another such case, which resulted in two 7 year disqualifications being handed out. […]

Using a Santander Bounce Back Loan to Pay Off His Personal Credit Card Bill and Giving Some of It to Benefit His Wife’s Business Sees a Company Director Slapped with a 6 Year Disqualification

July 12, 2022

There has been another noticeable jump in the number of disqualifications handed out to Company Directors for all manner of Bounce Back Loan wrongdoing recently, and here is an overview of one of them that saw a 6-year disqualification being given out. […]