October 2023 - Page 20 of 22 - Mr Bounce Back - Bounce Back Loan News - Updates

Hefty 12 Year Ban Given to Director Who Over-Egged His Turnover to Get a Lloyds Bank £45,500 BBL, Transferred it to an Unknown Bank Account, Didn’t Repay It, and Also Managed to Get His Company Struck Off Without Telling the Bank

October 5, 2023

This is one of the longer Director Disqualifications handed out for BBL related wrongdoing and breaching s1006 CA06. Here are the details. […]

Blagging a £20,000 Bounce Back Loan from Lloyds Bank By Over-Egging His Turnover, and of Course Not Repaying that Loan Results in Another Company Director Being Banned for 10 Years, That Ban Starts Today

October 5, 2023

Read on for the background of this case which resulted in a 10 year Director Disqualification. […]

Despite Not Having a Penny Piece in Turnover in 2019, a Company Director Managed to Blag a £50,000 Bounce Back Loan from NatWest, and for Doing So Is Slapped with an 8 Year Ban

October 5, 2023

Here is the background story of another wayward £50,000 NatWest Bounce Back Loan. […]

Having Told a Former Director of His Company to Blag a Bounce Back Loan from Starling Bank by Over-Egging the Business Turnover, a London Based Director is Today Starting an 8 Year Ban

October 4, 2023

The game was soon up for the Company Director named in this case for the reasons outlined, and he is today beginning an 8 year ban. […]

Director of Three Barbers Shops Over-Egged the Turnover of Each to Blag Three £50,000 BBLs from Lloyds Bank and Is Slapped with an 11 Year Ban – He Offers to Repay £9k in Total Over 3 Years the Liquidator Says It Would Be Uneconomical to Keep the Case Open for 3 Years

October 3, 2023

Here is an overview of this case involving three Lloyds Bank Bounce Back Loans and the resulting 11 Year Director Disqualification, along with the Liquidators comments. […]