Bounce Back Loan Abusers Caught on Camera
Angus Crawford from the BBC has been out and about with his cameraman Tony (met them both, in fact I was in a previous BBL related news story with them) very decent and hardworking chaps. […]
Angus Crawford from the BBC has been out and about with his cameraman Tony (met them both, in fact I was in a previous BBL related news story with them) very decent and hardworking chaps. […]
Having incorporated his Company in 2019 the Company Director in today’s case would have been allowed to estimate his turnover, however he has just been slapped with a 6-year disqualification for overstating that estimated turnover and not using the BBL in full to benefit his Company. […]
With some hefty disqualifications being handed on to those who take the Insolvency route with their LTD Companies when there is a Bounce Back Loan involved and wrongdoing is uncovered, I have seen quite a number of Directors fail to preserve and/or maintained adequate accounting records, or in the alternative, fail to deliver up adequate accounting records to the Liquidator in the hope they get a lower ban. Here is a case in which a Director has just been given a 7 Year disqualification, and […]
The list of Company Directors being given disqualifications for all manner of wrong doing is now growing daily, and here is yet another one which resulted in a six-year disqualification, and as becoming more and more regular, there is a Bounce Back Loan involved. […]
As I now have access to the Executives over at the Financial Conduct Authority, I did of course take advantage of that and asked them the following question: “Thank you for your reply I will […]
I just know the guarantee claims that HSBC will eventually be putting in for Bounce Back Loans they paid out that have gone bad will be massive, much more so when I hear cases such as this one which saw a Company Director hit with a 12-year disqualification for blagging three BBL’s from them. […]
As of the 31st of March 2022, figures released by BEIS show that HSBC had not been paid out any BBL guarantee claims, however when they finally do they are going to be huge in number and value. Here is one claim they will no doubt be putting in soon. […]
Another Monday morning and another long disqualification has been handed out, this one being a 10 year disqualification given to a Company Director for over-stating business turnover to get a BBL. […]
There is a lot of “massaging of figures” going on regarding Bounce Back Loans, so whilst the British Business Bank may proclaim they have a state-of-the-art portal or dashboard, call if what you will, it […]
A total of 333 Bounce Back Loan guarantee claims have been paid out to TSB as of the end of March this year, and here is a case involving one of their BBL’s that saw a Company Director hit with an 11-year disqualification for wrongdoing associated with a BBL. […]
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