August 2023 - Page 18 of 21 - Mr Bounce Back - Bounce Back Loan News - Updates

11 Year Ban Given to a Company Director That Blagged a BBL By Over-Egging His Business Turnover and For Transferring the Money to Himself and Not Repaying a Penny Piece of the Bounce Back Loan

August 8, 2023

Here is an overview of the events that led to the Company Director named being given a hefty 11 year ban for BBL wrongdoing, that ban comes into effect today the 8th of August 2023. […]

The Department of Business and Trade Provides the Insolvency Service Proof a Company Director Secured, Against the Rules of the BBL Scheme, a BBL from Both NatWest and HSBC for His Single Business and As Such He Is Today Starting a 10 Year Ban

August 8, 2023

There was a system in place within weeks of the BBL scheme launching to make it impossible to blag a BBL from more than one lender for the same business, however it appears HSBC didn’t bother checking, when approving this Company’s second BBL. […]

Santander Operations and Control Manager Who Abused the Bounce Back Loan Scheme Is Found to Have Been Unfairly Dismissed by the Bank, But Is Not Awarded Compensation As He Would Have Been Sacked Anyway

August 7, 2023

Here is a rather long judgement regarding an employee of Santander who was dismissed by the bank for Bounce Back Loan skulduggery. […]

Lord Pickles Decides That Lord Agnew Can Become a Bounce Back Loan Bounty Hunter But With a Few Caveats – Read the Rules He Has to Abide By

August 7, 2023

You are probably aware by now that Lord Agnew, who had a huge big screaming hissy fit in the Chamber of the House of Lords and resigned his roles as Minister of State for the […]

NatWest Bounce Back Loan Recipient Locked Up for 18 Months for Pocketing a £50k BBL Which He Obtained By Over-Egging His Business Turnover

August 7, 2023

I have mentioned previously those who took out a Bounce Back Loan, shoved the money in their back pocket then […]