2022 - Page 31 of 131 - Mr Bounce Back - Bounce Back Loan News - Updates

With No Evidence His Company Was Trading and Having Bagged a £47k Yorkshire Bank Bounce Back Loan Which Was Left Unpaid at Liquidation a Company Director is Now Starting an 11 Year Ban

October 4, 2022

Yorkshire Bank or Virgin Money as they are now known, have put in plenty of Bounce Back Loan guarantee claims recently, and they will no doubt have had the one in the case outlined below at the top of their guarantee claims list of, which saw the Company Director who blagged that loan being given an 11 year disqualification. […]

Second Cost of Living Payment £324 Will Be Sent Out from 8th of November 2022 through to 23 November 2022

October 3, 2022

Over 8 million households are set to receive an additional […]

The Door Kicking Bounce Back Loan Police Along with Staffordshire, West Midlands and Devon & Cornwall Police Arrest Five People for BBL Skulduggery in Which Around £1m Was Defrauded

October 3, 2022

Five people arrested for fraudulent claims from money intended to support businesses during the pandemic, namely the Bounce Back Loan Scheme. […]

Not Repaying His Company’s CBILS As Required After Getting a Bounce Back Loan Sees a Company Director Given a 7 Year Disqualification

October 3, 2022

The rules of the CBILS Scheme and the BBL Scheme did state that anyone who got a BBL after getting a CBILS must repaying the latter, however this Company Director did not do so and has just been given a 7 year ban once the wrongdoing came to light after the liquidation of his Company. […]

Using a £50k Bounce Back Loan for His Own Personal Benefit and Leaving It Owing at Liquidation Leads to a Company Director Getting a Lenient 5 Year Disqualification

October 3, 2022

Just 5 years was the length of the ban given to the Company Director named in the case below, who was found to have used his Company’s Bounce Back Loan for his own benefit and not the benefit of the business. […]