November 2023 - Page 6 of 19 - Mr Bounce Back - Bounce Back Loan News - Updates

Director Given a Modest 7 Year Ban for Failing to Supply Accounting Records to the Liquidator Leaving Him Unable to Work Out Whether the Director Used the Company’s Barclays £37k Bounce Back Loan For the Benefit of the Business

November 21, 2023

Here is another case in which the Director got a much reduced ban due to him not submitting accounting records to the Liquidator than the one he would have got if he had submitted them and they have proved BBL related wrongdoing. […]

Director of a Travel Agency Over-Egged His Business Turnover to Blag a £50k Santander Bounce Back Loan, For That Wrongdoing He Is Today Starting a 10 Year Ban

November 21, 2023

Here are the reasons why the Company Director named has just been given a 10 year ban. […]

11 Year Ban For Director Who Secured a £50k HSBC BBL For His Business Incorporated in 2019 But Started Trading in August 2020 and Was Not Eligible for That BBL As It Wasn’t Trading on March 1st 2020 – Liquidator Accepts £10k as a Settlement Figure

November 20, 2023

Here is the background of the case and comments from the Liquidator who accepted £10k as a settlement figure. […]

Liquidator Works Out a Company Director Did Blag a Barclays £50 Bounce Back Loan But Admits There is Nothing He Can Recover So the Insolvency Service Slap the Director with a 10 Year Ban

November 20, 2023

Here are the comments from that Liquidator and an overview of the case. […]

Just an 8 Year Ban for Edinburgh Based Company Director Who Blagged a £50k BBL By Claiming His Turnover Was £529,000 When In Fact It Was Just £649!

November 20, 2023

An 8 year ban was a very lenient punishment for what this Company Director did, considering people have been locked up for doing the same. However, there is always a very good chance the Insolvency Service will take him to court over the […]