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[ August 7, 2026 ] The Insolvency Service Officially Confirm They Will Act on the Recommendations of the Covid Counter Fraud Commissioner by Working More Closely with Companies House to Spot Bounce Back Loan Blaggers and Take Action Quicker and Cost Effectively (Using Civil Action in Most Cases Rather than Criminal Action) Subscriber Special Reports
[ August 7, 2026 ] Felix Mckeown Gibson the Director of I802 Limited Given a 10 Year Ban for Blagging and Misusing a £50,000 Bounce Back Loan The Disqualification Files
[ August 7, 2026 ] Fida Ahmed the Director of Parmesan Grill Limited Hit with a 10 Year Ban for Blagging a £50,000 Starling Bank Bounce Back Loan for that Company, Which Wasn’t Eligible for a BBL The Disqualification Files
[ August 7, 2026 ] Emmanuel Chinedu Ofougwuka the Director of EMC Express Ltd Gets a 9 Year Ban for Blagging a Second Bounce Back Loan from Starling Bank After Getting one from Lloyds Bank The Disqualification Files
[ August 7, 2026 ] Chelsea Stewart the Director of CS Commercial Solutions Ltd Given a 6 Year Ban for Not Furnishing the Liquidator with Accounting Records Leaving Them Unable to Work Out if the Company’s BBL Was Used for the Benefit of the Company The Disqualification Files
[ August 7, 2026 ] Ayesha Siddika Sumaiya the Director of Carmelhouse17 Ltd Starting an 11 Year Ban for Blagging a Second Bounce Back Loan The Disqualification Files
[ August 6, 2026 ] Companies House Remind Directors About Submitting Annual Accounts and Confirmation Statements After I Contacted Them on That Topic – Be Aware, As I Have Warned, If You Did Blag a Bounce Back Loan They Will Use Everything In Their Power to Go After You, Often for Something Easier, Such as Late Submissions as That Can Then Open the Door For Them Going After You For the BBL Too Subscriber Special Reports
[ July 30, 2026 ] Angela Eagle the Secretary of State for Environment, Food and Rural Affairs Celebrates as the Environment Agency’s “Joint Unit for Waste Crime” Works With HMRC to Recover a £50,000 Bounce Back Loan by Stopping a Waste Company from Taking the Strike-Off Route Todays News
[ July 30, 2026 ] After a Review, the Regulatory Policy Committee Have Recommended That the Insolvency Service KEEP the Strike-Off Blocking Policy in Place for LTD Companies That Have Not Repaid a Bounce Back Loan State of Play
[ July 29, 2026 ] Faruk Chowdhury Sentenced to 22 Months in Prison, Suspended for Two Years for Over-Egging His Company Turnover to Blag a £35k Starling Bank Bounce Back Loan and a £2.5k Top-Up and for Misusing the BBL Funds BBL Jailbirds
[ July 29, 2026 ] Alex Hope Sentenced to Three Years in Prison, Suspended for Three Years, for Among Other Things Blagging a £25,000 Bounce Back Loan from HSBC BBL Jailbirds
[ July 29, 2026 ] The Government Have Been Forced, by Judge A Marks CBE, to Confirm That Two Companies Linked to James McMurdock MP Have Unpaid Bounce Back Loans – Setting a Precedent That Could See All Businesses with BBLs Named Publicly Exposing Directors to Great Risk Subscriber Special Reports
[ July 28, 2026 ] Linus Dignam the Director of Linus Services Ltd Given a 9 Year Ban for Blagging a £50,000 Bounce Back Loan by Over-Egging the Turnover of that Company The Disqualification Files
[ July 28, 2026 ] James Taylor Johnston the Director of The Cane Factory Limited Slapped with a 9 Year Ban for Blagging a Second Bounce Back Loan (Clydesdale and NatWest) The Disqualification Files
[ July 28, 2026 ] Louise Young the Director of Youngs Schnauzers Limited Given an 11 Year Ban After Lloyds Bank Wind the Company Up in the High Court and Its Confirmed She Blagged a £50,000 Bounce Back Loan from Them and Misused the Funds Subscriber Special Reports

August 8, 2026

The Government Has Identified Sole Traders That They Are Going to Target with Enforcement Action by the Autumn of 2026 – Read in Their Own Words What is Coming

The following new enforcement action for sole traders suspected of blagging one or more Bounce Back Loan was approved and announced on the 23rd of June 2026. […]

Blair McDougall MP Gives an Insight Into Doing Away with Judges and Courts and Giving a Secretary of State, the Power to Issue Director Bans and Compensation Orders to Bounce Back Loan Blagging Company Directors to Speed Up the Process As They Gear Up to Go After Those Blaggers

Rachel Reeves just before she was sacked finally announced the changes to the Dissolution Objection Process, […]

Lenders Can Now and ARE Finally and Officially Writing-Off Bounce Back Loans, Allowing LTD Companies with a Defaulted BBL to Apply for a Strike Off Without It Being Blocked – See the Letters/Messages Lenders Will Send You Confirming Such

I have some good news, although as you will be aware, it it news that has been in the pipeline ever since I met with the Covid Corruption Commissioner to propose such, that being BBL Lenders can now officially write-off a Bounce Back Loan and won’t object to or block a Strike-Off. […]

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