January 2023 – Mr Bounce Back – Bounce Back Loan Complaints and Scandals

Illegal Workers, Dodgy Goings-On with Two Barclays Bounce Back Loans and Other Wrongdoing Leads to a Company Director Getting a 9 Year Ban

January 31, 2023

Two Barclays Bounce Back Loans are no more, due to the actions of the Company Director below who has just been given a 9 year ban. […]

Metro Bank Kiss Goodbye to a £24k Bounce Back Loan As a Company Director Transferred it to Herself and Left it Unpaid, She is Now Starting an 8 Year Ban for Her Wrongdoing

January 31, 2023

Metro Bank Bounce Back Loan scheme Government Guarantee Claims are of course off the chart, and with cases like the one below you can see why that is. […]

Having Taken the Decision to Close Her Hair and Beauty Business a Company Director Then Goes On To Apply for a Bounce Back Loan and Subsequently is Slapped with an 11 Year Ban

January 31, 2023

Here is the timeline and events that led to a Company Director being hit with an 11 year ban, along with details of her Bounce Back Loan wrongdoing. […]

Santander £50k Bounce Back Loan Turns Sour After a Company Director Over-Egged Her Business Turnover to Get That BBL and Leaves it Unpaid to Which She Has Been Given a 9 Year Ban

January 31, 2023

Here is another case of over-egging turnover to blag a higher valued Bounce Back Loan than a company was entitled to, which resulted in a 9 year ban. […]

11 Year Ban for Blagging a £50k Bounce Back Loan Off Lloyds When Not Even Eligible for a BBL in the First Place

January 31, 2023

This case revolves around a Lloyds Bank Bounce Back Loan, which as you will see, the business that got it and hasn’t repaid it wasn’t entitled to in the first place. The Company Director has been given an 11 year ban. […]

Bank of Ireland UK Force Customer Applying for a Bounce Back Loan to Jump Through Hoops Including Demanding He Take Photos of His Taxi Parked Outside His House – Ombudsman Awards £400 Compensation

January 30, 2023

Complaints about Bounce Back Loans are still working their way through the often slow Financial Ombudsman Service, and here is one that has recently been decided up. […]

After Over-Egging His Business Turnover to Get a £50k NatWest Bounce Back Loan and Leaving it Unpaid at Liquidation a Company Director is Given a 9 Year Disqualification

January 30, 2023

Here is the story of the Bounce Back Loan wrongdoing that led to the Company Director named being slapped with a 9 year ban. […]

Having Skanked Starling Bank Out of a £50k Bounce Back Loan For His Dormant Company and Using the Money for Personal Benefit Another Company Director Gets an 11 Year Ban

January 30, 2023

For the list of wronging you can see in this case, the Company Director named is now starting an 11 year disqualification. […]

Bunging Himself and an Associate the Barclays £30k Bounce Back Loan He Got By Over-Egging The Turnover of His Business Leads to an 11 Year Ban

January 30, 2023

Hopefully this week we will finally get access to the latest Bounce Back Loan performance data, until then here is someone else who has just been given an 11 Year for BBL wrongdoing. […]

HM Treasury, the British Business Bank and the Department of Business, Energy and Industrial Strategy Release a Statement on the “Lessons They Have Learnt” from the Bounce Back Loan and Other Covid Loan Schemes

January 28, 2023

The term “lessons learnt” is one you will often here those in Government utter whenever something catastrophic or disastrous has occurred on their watch. So with that in mind, grab yourself a coffee and read […]