As you will see by the following facts and figures, the Insolvency Service is somewhat busy working their way through lots of open cases related to BBL and other Covid-19 Financial Support Schemes skulduggery by Company Directors, Sole Traders, and other Individuals. […]
If my memory serves me right, this is the first case I have seen that has resulted in someone getting a ban for misusing a Recovery Loan (that was the Government Back Loan Scheme that replaced the BBL Scheme). […]
The Director named is today, the 31st of May 2023, starting an 11-year ban for everything laid out. This is what the liquidator has said: […]
Another day, another Santander Bounce Back Loan turns sour. The Company Director named in this case is today starting a 10-year ban for the wrongdoing listed. […]
The Middleton family, including Carole and Michael Middleton, obtained a CBILs (Big Boy Bounce Back Loan) from NatWest, which was backed by British taxpayers, to support their business during the COVID-19 pandemic, according to The […]
I hope you have a busy weekend if your business is trading this Bank Holiday weekend, or you have an enjoyable time if you are having a break. Here are the details of two BRO’s that have just been handed out. […]
A Fireside Chat – Episode Two **Listener Discretion Advised** Thanks to everyone who has made a donation https://fundrazr.com/12BBn6 or subscribed to the website, https://mrbounceback.com/membership-join/ your support enables me to be there for those in a […]
The first in a series of Fireside Chats with BBL’ers, if you fancy coming on and letting others know about your experience, good, bad or ugly, get in touch. Obviously calls to my helpline are […]
Another case of a Company Director not giving any Accounting Records to the Liquidator resulting in the ban he got being much shorter than it would have been if wrongdoing had been detected had those records proved such regarding the Company’s BBL. […]
The UK government’s Bounce Back Loan scheme was introduced to provide relief to struggling businesses in 2020. The scheme offered loans of up to £50,000 with no interest for the first 12 months and a […]
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