Month: August 2025

Decision Time

Still Pondering Whether to Set Up a Repayment Plan on a Blagged Bounce Back Loan? Here Are Some Real Life Outcomes of Those Already Found Guilty of Blagging a BBL For Each of the 26 Red Flags the PSFA are Using to Detect and Track Down BBL Blaggers – Including Jail Sentences, Director Bans, Community Service, Electronic Tagging, Curfews and Compensation Orders

August 31, 2025

If you did blag a Bounce Back Loan and haven’t repaid it in full or at the very least set up an affordable and sustainable repayment plan, and intend to stick two fingers up to the Government in their quest to get you to do the right thing, then the Public Sector Fraud Authority will want a word with you and will soon be writing to you, and threatening you with all sorts. […]

Stepped Up Sanctions

To Ensure Genuine (or Fake) “Vulnerable People” Do Not Slip Through the Net During the BBL Winter of Regret, Official Receivers Have Been Given Amended Technical Guidance On How to Interview/Grill Them for Example When Investigating Alleged BBL Related and Other Wrongdoing

August 28, 2025

This has been put in place as from the 26th of August 2025, as the Government are more than aware many people with a defaulted Bounce Back Loan who, for example, have had their Company wound up in the High Court due to alleged BBL wrongdoing are suffering from, or claiming to suffer from, a whole host of vulnerabilities. […]