October 2023 – Mr Bounce Back – Bounce Back Loan News – Updates

Warning Issued to Directors With a BBL in Default or On the Way to Default – Get Your Affairs in Order or You May Find Your Company is Wound Up in the High Court, and Lord Agnew’s Bounty Hunters (Who Get a Large Chunk of Funds Recovered) Aggressively Start Chasing You for Money Owed

October 31, 2023

You cannot blame Lord Agnew for wanting to keep on earning money, much more so since he legged it out the door and resigned as the well paid Counter Fraud Minister at the Treasury, over […]

Barclays Given Approval By The British Business Bank to Extend Their Pilot to Utilize the Bounce Back Loan “Bounty Hunters” That Lord Agnew is the Face Of to Go After BBL Blagging Company Directors – Also, Another Well Known BBL Lender is Now Also Part of That Pilot

October 31, 2023

Just a quick update, as you may have heard on my latest webcast or you will have seen in my daily BBL news updates, Barclays have been aggressively going after Company Directors who blagged, in […]

Barclays Secure Two High Court Winding Up Orders Against Two Companies With the Same Director Who Blagged Them Out of 2 BBLs, the Director Is Today Starting an 11 Year For Blagging Not One But Two Bounce Back Loans

October 31, 2023

Here are both the Winding Up Orders and the background of this case which resulted in an 11 year ban for the Director named. […]

Rochdale Based Company Director Starting a 5 Year Ban Today for Not Repaying Her Company’s Virgin Money Bounce Back Loan Once She Had Secured a CBILS Loan and then Ultimately Leaving Both Loans Unpaid

October 31, 2023

Not one of the harshest of Directors Disqualifications, that being the 5 year one the Director named in this case is starting today for the reasons outlined. […]

Using Two Different Turnover Figures to Blag Two Bounce Back Loans from Different Lenders and Leaving Both BBLs Unpaid Leads to a Company Director Getting an 11 Year Ban

October 31, 2023

Here is another case of a Company Director blagging two Bounce Back Loans for his single Company. […]

For Not Repaying His Company’s £50K Santander BBL Once He Secured a £76K Funding Circle CBILS Loan as Required by the Rules of those Schemes, and Then Failing to Repay a Penny Piece of Either Loan, a Director is Today Starting a 6 Year Ban

October 31, 2023

Here are the details that led to the Director named being given a 6 year ban. […]

Having Admitted His Business Was Not Trading on the 1st of March 2020, and Therefore Not Eligible for the £50,000 His Company Got Via an HSBC BBL, a Company Director is Today Starting an 11 Year Ban

October 31, 2023

This is the story behind the 11 year ban slapped upon the Company Director named in this case. […]

Judge Fanning at Carlisle Crown Court Slaps a Company Director with a 14-Month Suspended Jail Term, 150 Hours of Unpaid Work and 15 Rehabilitation Activity Days for Taking the Strike Off Route Without Telling Barclays Who Gave Her Business a Bounce Back Loan

October 30, 2023

Here is the story behind another suspended jail term given to a Company Director for taking the strike off route with a Bounce Back Loan still owing. […]

10 Year Ban Given to a Company Director Who Blagged Two Bounce Back Loans for His Single Company, One BBL from Funding Circle and the Other BBL From HSBC

October 30, 2023

A 10 year ban is what the Company Director named in this case is starting today for blagging two Bounce Back Loans for his Company, when only entitled to one BBL. […]

Newcastle Upon Tyne Director Given an 11 Year Ban for Blagging an HSBC £50,000 Bounce Back Loan By Stating His Business Turnover Was £300,000 When It Was in Fact Zero, and then Transferring the Money to an Associated Company Now in Liquidation

October 30, 2023

The Director named in this case is today starting an 11 year ban for the BBL associated wrongdoing listed. […]