April 2023 - Page 7 of 27 - Mr Bounce Back - Bounce Back Loan News - Updates

Chief Investigator at the Insolvency Service Says She Will Not Hesitate to Prosecute Anyone Who Blagged a BBL and Breached the Companies Act as a Company Director Gets a 26 Week Suspended Prison Sentence and Community Service

April 25, 2023

We head over to North Wales now, for another case of Bounce Back Loan wrongdoing that led to Llandudno Magistrates Court handing out a suspended prison sentence. […]

With a Santander Not Willing to Fund an Investigation as to Where a £25k Bounce Back Loan Went After a Company Director Blagged That BBL a Director Gets Banned for 11 Years But Does Generously Repay £1

April 25, 2023

The aftermath of Rishi’s Bounce Back Loan Scheme continues to cause havoc across the UK, and here is another case that saw a Company Director being punished for his BBL related wrongdoing with an 11 year ban, but he did toss £1 to the Liquidator. […]

Another Company Director Locked Up for 12 Months Almost 3 Years After Over-Egging His Business Turnover to Get a £50k, Transferring the Money to His Personal Bank Account then Getting His Company Dissolved

April 25, 2023

It is almost 3 years since the Company Director in this case blagged a Bounce Back Loan and thought he was clever by […]

Bouncing Back Episode Ten – “Will defaulting on a Bounce Back Loan affect any other lending I have such as loans, overdrafts or a mortgage?”

April 24, 2023

This is Episode Ten in a series of new webcasts […]

Man and Wife Carted Off to Prison for Two Years and Six Months and Two Years Respectively for Blagging a Bounce Back Loan By Over-Egging Their Turnover

April 24, 2023

Whilst the number of people taken to court and locked up for Bounce Back Loan abuse is not huge, when the Insolvency Service gets rattled, criminal prosecution is an option they can take, as the man and wife named in this case have found out to their cost. […]