February 2023 - Page 5 of 8 - Mr Bounce Back - Bounce Back Loan News - Updates

10 Year Disqualification for Applying for and Getting a £50,000 HSBC Bounce Back Loan When Only Entitled to a BBL of £8,532 by Over-Egging the Business Turnover and Leaving it Unpaid at Liquidation

February 11, 2023

This Company Director is now starting a 10 year ban for the Bounce Back Loan related wrongdoing listed below which includes over-egging his business turnover to get that loan. […]

Failure to Maintain and/or Preserve and/or Deliver Up Accounting Records to Show Amongst Other Things Where a Covid Business Support Grant and Lloyds Bank Bounce Back Loan Went Leads to a 7 Year Disqualification

February 11, 2023

Claiming his Business Accounts were disposed of leads to a Company Director being given a 7 year disqualification for each of the reasons listed below. […]

Three More Sole Traders Hit With Long Bankruptcy Restrictions Orders for Bounce Back Loan Wrongdoing, Including Over-Egging Their Turnover, Gambling Away Their BBL’s and One Who Sent His to Lithuania

February 10, 2023

It is not only Company Directors who are being punished for Bounce Back Loan wrongdoing, here are three Sole Traders who have been slapped with Bankruptcy Restrictions Orders after BBL related wrongdoing has been discovered. […]

After Making Just 2 Bounce Back Loan Repayments and Leaving the Rest Unpaid a Company Director is Given an 11 Year Ban for Over-Egging His Business Turnover to Get That Loan and Not Using it for His Business

February 10, 2023

Here is the story of another Bounce Back Loan that has turned bad and has resulted in the Company Director named being slapped with an 11 year ban. […]

Lord Agnew Joins a Bounce Back Loan Bounty Hunting Type Firm That Offers Their Services to Banks Wishing to Locate Their Wayward BBLs!

February 9, 2023

In another unusual twist of the Bounce Back Loan Scheme sage, it has just been announced that Lord Agnew has joined a “Bounty Hunter” type firm that will go on the hunt for wayward Bounce Back Loans that Lenders should not have issued and/or haven’t been repaid. […]