Month: March 2023

Here is the story behind a £50k Bounce Back Loan that turned sour, in fact it shouldn’t have been paid out in the first place. The actions of the Director named however in blagging that loan has led to him being given a 6 year ban. […]

All things considered the Company Director named in the following case got off somewhat light with just a 7 year ban for the listed wrongdoing with a Bounce Back Loan. […]

When you take the Insolvency route with a Company, the Insolvency Practitioner is tasked with going over the affairs of the business and will always take a close hard look at any Bounce Back Loan the Company had, and will report any shenanigans, which is what happened in the following case. […]

Despite banks having to take some of the risks associated with Coronavirus Business Interruption Loans, as opposed to the Government guaranteeing 100% of the value of Bounce Back Loans, the chap named in this case managed to bag two huge CBILs by using false bank statements and is now starting a 12 year ban. […]

Not one but two Bounce Back Loans have been left unpaid resulting in an 11 year ban for the actions and wrongdoing of the Company Director named. […]