January 2023 - Page 11 of 14 - Mr Bounce Back - Bounce Back Loan News - Updates

Bunging Himself Over Half of His Company’s £50k Santander Bounce Back Loan and Therefore Misusing Those Funds Leads to a Company Director Being Hit with a 5 Year Disqualification

January 7, 2023

The Company Director named in this case is now starting a 5 year ban for the wrongdoing associated with a £50k Santander Bounce Back Loan. […]

With Just Company Debit Card Transaction Records to Go On Showing Retail and Dining Expenditure, No One Knows Where a £50k Metro Bank Bounce Back Loan Went So the Company Director Gets a 12 Year Ban

January 6, 2023

Here is a common tale of Bounce Back Loan skulduggery, read it through, but please do not choke on your coffee when doing so. […]

Blagging NatWest Out of a £50k Bounce Back Loan When Only Entitled to Around £8,500, Leads to a Company Director Being Given a 10 Year Disqualification

January 6, 2023

Some would say that in hindsight, perhaps it was not that good an idea to allow anyone wanting a Bounce Back Loan to self-declare their business turnover to get one of those loans. But let’s not forget the major banks all demanded such things to ensure they could fire out those Government backed loans at lightning speed, and Government Ministers gave the scheme the greenlight. […]

A 5 Year Ban for Leaving the Powers That Be Scratching Their Heads Wondering Where a £20k NatWest Bounce Back Loan Went and If a Company Was Eligible for a Fortune Paid Out in Coronavirus Job Retention Scheme Payments

January 6, 2023

Once you read through the following case, you may be left thinking that the 5 year disqualification the Company Director has just been given is somewhat lenient. […]

A Rather Lenient 8 Year Disqualification Given to a Company Director Who Over-Egged His Company’s Turnover to Blag a £50k Bounce Back Loan Off Barclays Bank

January 6, 2023

A Barclays Bank Boss has gone on record as saying she knows plenty of people over-egged their turnover to get a Bounce Back Loan from her bank, however for doing just that to get a £50k BBL from Barclays has led to the Company Director named below being given a lenient 8 year ban. […]