2022 - Page 25 of 131 - Mr Bounce Back - Bounce Back Loan News - Updates

Bagging Both a Co-Op Bank Bounce Back Loan and a Funding Circle CBILS and Not Using Them for the Benefit of his Business, and Leaving Both Owing at Liquidation Sees Director Slapped with a 7 Year Ban

October 19, 2022

Another Bounce Back Loan along with a CBILS have been lost due to the actions of the Director named in this case, for the wrongdoing outlined below, he is now starting a 7 year ban by the way for that wrongdoing. […]

Director Applies for and Gets Two Bounce Back Loans for His One Company After Massively Over-Egging His Turnover, Both Are Left Unpaid at Liquidation Resulting in Him Getting a 7 Year Disqualification

October 19, 2022

Getting just a 7 year disqualification for the wrongdoing associated with this case has to be looked at as a win by the Company Director involved, as he could easily have got a much longer ban for blagging not one but two Bounce Back Loans. […]

Making Payments That Were to the Detriment of Creditors After Securing a Metro Bank Bounce Back Loan Sees Director Given a 6 Year Disqualification

October 19, 2022

Metro Bank have certainly put in a huge number of Bounce Back Loan guarantee claims, and the one in the case below will be another of them. […]

Unsuccessful Bounce Back Loan Scammer Who Successfully Did Scam Over £670k as Part of a Dating Scam Banged Up for 4 Year 6 Months

October 18, 2022

It was during an investigation into a dating scam in which over £670k was scammed that detectives discovered a Newham based man had also tried, but failed to scam Bounce Back Loans worth £98,000. […]

Having Taken a Barclays Bounce Back Loan Out for His Company Another Director Takes the Insolvency Route Which Reveals He Over-Egged His Turnover and Didn’t Spend the Money on His Business So Gets a 10 Year Ban

October 17, 2022

Reading stories like this one, you will see the reason Barclays and now threatening to compare lots of their Bounce Back Loan recipients declared turnover with HMRC. By the way, for the following wrongdoing the named Director is now starting a 10 year ban. […]