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

Director Whose Last Known Address Was in Poland is Given an 11 Year Ban for Blagging Two Bounce Back Loans for His Single Company and a Whole Host of other Wrongdoing

March 30, 2023

Not one but two Bounce Back Loans have gone to the BBL graveyard in the sky, as you will discover in this case. […]

6 Year Ban for Over-Egging Turnover to Get a Bounce Back Loan from Lloyds (Who Have Made a Guarantee Claim) and Spending it on a Ford Transit and Ford Fiesta for Himself and Making Cash Withdrawals Not Used for the Benefit of the Business

March 30, 2023

Lloyds Bank have confirmed that they have made a claim on the Government Guarantee for the amount left unpaid in this case. […]

10 Year Ban for Company Director Who Blagged a £40k Bounce Back Loan Off Starling Bank, Transferred It to Himself Via a Cashplus Account and Left it Unpaid at Liquidation

March 30, 2023

A 10 year ban is what the Company Director named below is now starting for the string of wrongdoing associated with the £40k BBL he secured from Starling Bank. […]

For Transferring His Company’s £23k Bounce Back Loan to Himself Then Dissolving His Company a Director Gets Slapped with a 10 Year Disqualification

March 29, 2023

Any Company Director attempting to dissolve their Company with a BBL owing will find it gets blocked rather quickly by the British Business Bank, however in the early months of that scheme many people managed to do so, but their actions are now coming back to bite them as this case proves. […]

Using Her Company’s £50k Santander Bounce Back Loan for a Personal Property Investment That Had No Benefit to Her Company Leads to a 10 Year Ban

March 29, 2023

It is the turn of Santander to lose another £50k Bounce Back Loan as this case reveals. […]

Claiming His Business Had a Turnover of £30million When It Had In Fact Never Traded and Blagging Lloyds Out of a £50k Bounce Back Loan Leads to an 11 Year Ban

March 29, 2023

Another Lloyds Bank Bounce Back Loan has gone astray as you will discover when reading through this case. […]

Company Directors Get 7 Year Bans for Not Supplying Sufficient Records at the Insolvency of Their Separate Businesses to Help Determine Where Their Barclays Bounce Back Loans Went

March 29, 2023

This case once again proves by not supplying any or enough Company accounting records at Insolvency tends to lead to a much shorter ban than those given out when such records prove Bounce Back Loan wrongdoing. […]

Over £150k in Dodgy Bounce Back Loan Funds Found Stashed in a Car as the Occupiers Made a Dash for the Euro Tunnel

March 24, 2023

A woman and her family were found with more than £150,000 hidden in their car which had been fraudulently claimed in government bounce back loans, have been ordered to pay back the money. Sevenoaks Magistrates […]

6 Year Disqualification for Not Providing Any Evidence the £32,500 Bounce Back Loan He Got For His Business Was Actually Used for the Business

March 24, 2023

Taking the Insolvency route with a BBL owing will always see every aspect of that loan being forensically investigated, and as the Company Director named below found out, any wrongdoing ends up with a disqualification. […]

Director Given a 10 Year Disqualification for the Usual “Over-Egging of Business Turnover” to Blag HSBC Out of a £50k Bounce Back Loan, Leaving it Unpaid and Taking the Insolvency Route

March 24, 2023

Here is the story behind the 10 year Disqualification handed out to the Company Director named for not only blagging a £50k BBL from HSBC but also misusing it. […]