October 2022 - Mr Bounce Back - Bounce Back Loan News - Updates

Months After Ceasing Trading After a Visit From HMRC Director Blags a £50k Bounce Back Loan His Business Was Obviously Not Entitled To and is Slapped with an 11 Year Ban

October 31, 2022

Another story of someone blagging a Bounce Back Loan when not eligible for it, this case as you will see involves a £50k BBL and the Director named is now starting an 11 year ban. […]

10 Year Disqualification for Blagging a Barclays Bounce Back Loan Then a BBL Top-up When Not Eligible and Transferring the Money to Himself and Leaving it Unpaid at Liquidation

October 31, 2022

The number of people who over-egged their turnover to get a Bounce Back Loan is huge, and this case shows what happens when you did just that, and also blagged a BBL top-up and spent the money on yourself and not the business then take the insolvency route. That being a […]

The High Court Shuts Down a Business After Learning Its Director Tried to Unsuccessfully Blag a CBILS But Then Got a £40k Bounce Back Loan and Four Payments worth £20k from the Job Retention Scheme When Not Eligible for the CBILS, BBL or JRS Grants

October 30, 2022

As we are waking up to the news that Liz Truss’s phone had been hacked by Russia, another story that will make you choke on your coffee is this one, which shows just how easy it was for ne’er do wells to blag the BBL scheme and the Job Retention Scheme too. […]

CBILS “Abuser” Kevin Hollinrake MP Now Parliamentary Under Secretary of State at BEIS – Julia Hartley Brewer from Talk Radio Says People Like Him Acted Immorally and I Agree

October 29, 2022

Just when you thought the Government couldn’t get any more […]

Modest 6 Year Disqualification for Using the Majority of His Company’s £50k NatWest Bounce Back Loan on Himself not the Business

October 28, 2022

Another day, and another Bounce Back Loan wronging case to present to you, here are the details of a NatWest BBL that has turned sour that has led to a 6 year disqualification for the Director named. […]