Month: December 2022

Here is the latest rollcall of Sole Traders and Individuals who have just been slapped with Bankruptcy Restrictions Orders for the Bounce Back Loan abuse listed. […]

Barclays will have this Bounce Back Loan all lined up for the Guarantee, in fact, they have probably already had it paid out to them by now. The Company Director named is now starting a modest 7 year ban for her wrongdoing. […]

Here is another Bounce Back Loan abuser who handed himself on a plate to the powers that be by entering a creditors’ voluntary liquidation with liabilities including a £50k HSBC BBL, to which he has been given a 10 year disqualification. […]

It will soon be Christmas, however, stories like this one are still coming to light, and expose the lunacy of the design of the Bounce Back Loan scheme. […]

I am seeing more and more one time Company Directors not supplying the Liquidator with a full set of accounts when winding up their Company, for that often, as in the case below, sees a much smaller length of ban being handed out than would have been if wrongdoing had been uncovered with such records. Much more so when there is a Bounce Back Loan involved. […]

A 7 year ban has just been given to the Company Director named below, who, as you can see, did quite well out of the Bounce Back Loan scheme, until his wrongdoing came to light of course. […]

Not seen a charity boss being slapped with a ban for Bounce Back Loan wrongdoing before, but there is always a first I suppose, and here is one such chap who is now starting a 7 year ban. […]

Having admitted they couldn’t be arsed checking the Bounce Back Loan database, set up to protect against business owners bagging multiple Bounce Back Loans, it looks like HSBC are partly to blame for this ne’er do well being able to blag a BBL from their bank and Barclays. Either way that Director named below is starting an 11 year ban now. […]

Why blag one Government backed loan scheme when you can blag two, well as you are about to discover, that is exactly what the chap named below did. […]

You would have thought that HSBC would have at the very least checked the business named below was entitled to the £45k Bounce Back Loan they approved it for and paid out, alas it seems they never did. […]