Blagging Three Bounce Back Loans for His Newly Formed Companies That Were Not Even Eligible for BBLs, then Buying a Property with the Money and Leaving Those Loans Unpaid at Liquidation Results in a 12 Year Ban
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Corruption Commissioner
HMRC, Cabinet Office and the Department of Business and Trade Have Now Flagged Bounce Back Loan Recipients Whose Actual Turnover Didn’t Match Their BBL Application and/or LTD Companies Who Were Not Registered for VAT But Declared a BBL Turnover Figure That Required VAT Registration