September 2023 - Page 13 of 17 - Mr Bounce Back - Bounce Back Loan News - Updates

10 Year Ban for Director Who Blagged an £18,000 BBL from Barclays When Only Entitled to £12,041 by Over-Egging His Turnover and Transferred the Money to Himself for Personal Benefit

September 8, 2023

Here is another case which resulted in a 10 year ban in which it was found the Director named had over-egged his business turnover to get a Bounce Back Loan and then used the money for personal benefit. […]

9 Year Ban for Company Director Who Over-Egged His Turnover to Get a Barclays BBL and Used the Money for Personal Benefit – Liquidator Also Spots a Car He Bought and Sold and Gets Him to Repay a Chunk of Those Funds

September 8, 2023

Here are the details and Liquidator comments on the case. […]

HSBC Customer Drops Himself In It By Complaining He Never Applied For and Never Spent the BBL the Bank Approved and States Whoever Applied for the BBL Had Over-Egged the Turnover – The Ombudsman Decides He Did Apply and is Liable for Repaying It

September 7, 2023

Another interesting BBL related complaint for you to peruse in which, in the Ombudsman’s opinion, after looking at the evidence, the bank did no wrong. Which does also mean the customer must have over-egged his turnover! […]

Liquidator Instructs a Law Firm to Start Legal and Recovery Action Against a Company Director for Over-Egging His Turnover to Blag a BBL from Metro Bank, He Pays £60k and is Then Slapped with a 7 Year Ban

September 7, 2023

This is the background story to a case which saw a Company Director paying back money owed from a BBL he blagged and his resulting 7 year ban. […]

Takeaway Owner Could Now Be Facing a Court Case and Even Jail for Bounce Back Loan and Company Law Wrongdoing, and He Is Today Starting a Ban for 7 Years

September 7, 2023

As you will see very clearly laid out in this case, for the associated wrongdoing listed, the Insolvency Service may be about to take the person named to court and could secure a conviction based on their success recently in similar cases, I will let you know if they do decide to take that route with the now banned Company Director. […]