It's Happening

The Insolvency Service Boost Their Birmingham Office With Five New Team Members to Vet and Investigate Suspected Bounce Back Loan Blagging Directors of Both Live and Strike Off Blocked LTD Companies for Prosecution – Four to be Employed in their Criminal Targeting and Compliance Team and One within their Search and Return Team

As Tom Hayhoe, the Covid Corruption Commissioner, told me before his contract expired on December 2nd 2025, and as he reiterated in his Final Report, a solution will soon be in place to allow LTD companies with an unpaid BBL and a strike-off block to be dissolved if the director did nothing wrong. A team, based in the Insolvency Service’s Birmingham office, will help implement this and will be vetting/investigating/prosecuting directors guilty of fraudulently obtaining or misusing Bounce Back Loans. […]