May 2023 - Page 15 of 17 - Mr Bounce Back - Bounce Back Loan News - Updates

Lloyds Bank Submit Another BBL Guarantee Claim as an Insolvency Practitioner Reports a Company Director for Over-Egging His Turnover to Get a £50k BBL Resulting in a 10 Year Ban

May 5, 2023

Another one time Company Director who is now starting a 10 year ban for over-egging his turnover to blag a higher valued BBL than entitled to from Lloyds Bank is the one named in this case, for he has just been slapped with a 10 year ban for everything laid out below. […]

For Misusing the Bounce Back Loan Scheme That Being By Over-Egging Her Business Turnover to Bag a Bigger NatWest BBL than Entitled to a Company Director is Now Starting a 10 Year Ban

May 5, 2023

As we now head into Year Four of the Bounce Back Loan Scheme, here are the details of a Company Director who probably will not be celebrating that anniversary, as she has just been disqualified for 10 years. […]

Using Her Company’s £20k NatWest Bounce Back Loan for Non Business Purposes Including Buying a Car and Transferring Funds to Herself Leads to a 5 Year

May 4, 2023

A rather lenient 5 year ban was handed to the Company Director named for seemingly treating her Company’ Bounce Back Loan as a lottery win and not a business loan. […]

Having Blagged a £50k Barclays Bounce Back Loan by Over-Egging his Company’s Turnover, Taking the Insolvency Route and Leaving that BBL Unpaid a Director is Now Beginning a 10 Year Ban

May 4, 2023

The only creditor when this Company took the Insolvency route was Barclays and that was for a £50k Bounce Back Loan which was left unpaid. […]

Having Estimated His Company’s Turnover at £318k to Get a £50k Starling Bank BBL But Having Submitted Dormant Accounts Proving It Wasn’t Even Trading a Company Director is Slapped with an 11 Year Ban

May 4, 2023

This is the story behind the 11 year ban the Company Director below is now starting, leaving Starling Bank to put in yet another guarantee claim. […]