November 2022 - Page 4 of 14 - Mr Bounce Back - Bounce Back Loan News - Updates

Read the Testimony of Someone Who Purchased a Rolex Watch, Travelled and Gambled and Misused a Bounce Back Loan Who Has Just Been Given a 7 Year Bankruptcy Restrictions Order. Plus, Three Other People In a Similar Situation

November 19, 2022

Below is today’s rollcall of people who have just been given Bankruptcy Restrictions Orders for Bounce Back Loan wrongdoing, including the testimony of one chap who admitted to not using his BBL for the benefit of his business. […]

As the Taxpayer Protection Taskforce Get Ready to Disband, Tales of the Hoops They Make SME’s Jump Through to Verify They Were Eligible for SEISS, the Eat Out to Help Out and the Job Retention Schemes Continue to Come In – Here is One of the Letters They Send Out

November 18, 2022

Having been set up in a blaze of glory, the main tasks of the Taxpayer Protection Taskforce were to go hunting down those who blagged the SEISS, Job Retention and Eat Out to Help Out Schemes. Let’s face it, many […]

With No Accounting Records Supplied to the Liquidator That Could Have Explained Where a £50k Bounce Back Loan Went, a Company Director is Given a 6 Year Disqualification

November 17, 2022

This case is a prime example of the often much lower length of disqualification handed out when a Company takes the Insolvency route with a BBL owing when no accounting records are supplied, than the length of disqualifications given out when such records are supplied but prove BBL wrongdoing. […]

Co-Directors Slapped with Very Modest 4 Year Disqualifications for Wrongdoing Associated with a Barclays Bounce Back Loan and Trading to the Detriment of HMRC

November 17, 2022

Having seen some much longer disqualifications handed out recently for similar wrongdoing, the two Directors named below have received extremely lenient disqualifications for the amongst other things, using BBL funds to pay off their personal credit card debts. […]

Erroneously Over-Egging Her Business Turnover to Get a Much Higher Barclays Bounce Back Loan Than Her Business Was Entitled to Leads to a 6 Year Disqualification

November 17, 2022

Not the longest disqualification handed out by any stretch of the imagination for BBL wrongdoing, however the Company Director named below has been given a 6 year ban for over-egging her projected turnover, even though she confirmed it was an error. […]