Popular Updates – Mr Bounce Back – Bounce Back Loan Complaints and Scandals

BEIS Once Led By Kwasi Kwarteng Appear Not Arsed About the FCA Report Into Lenders Abusing BBL Customers – The FCA However Are Eager to Talk they Know BBL Lenders are Scamming the Scheme

July 13, 2022

“The FCA (Financial Conduct Authority) is a part of the government and BEIS (Department for Business, Energy & Industrial Strategy) is also a part of government, and so we would not provide a commentary on another part of government’s report” was the reply I got after asking BEIS for a comment on the shocking report compiled by the FCA regarding abuse of SME customers and those with a Bounce Back Loan. […]

The Financial Conduct Authority Drops a MOAB On The Bounce Back Loan Scheme Revealing All Manner of Shady/Dodgy Goings-on With Lenders Behind the Scenes

July 12, 2022

What a surprise, having taken 100’s of calls already on my Fireside Chatline, and spoken to no end of people being treated appallingly by Bounce Back Loan Lenders and/or their third-party agents, the latter who seem equally as gormless/clueless in many instances as the bank staff, the FCA have just dropped a Mother of All Bombs on the already imploded BBL Scheme. […]

Are BBL Lenders Aiding and Abetting Fraudsters and Making Identity Crime Victims Unaware They Have Been Victim of BBL Fraud with their Account Reviews, and Ensuring Their Guarantees are Safe by Not Registering BBL’s on Credit Files?

July 6, 2022

There have already been cases before the courts in which people have been convicted of applying for and getting Bounce Back Loans using the details of businesses, they are not the Owner/Director of. However, one must question the logic of some banks not registering […]

SME’s Admit to Being Threatened and Intimidated By Third Parties Who Initially Approached Them Posing as an “Accountant” or “Broker” and Offering to Apply for a Bounce Back Loan for Them for a Percentage of the Loans Value

July 6, 2022

I have compiled this article today for I want those bank bosses, members of Government and everyone else in one way or another linked and associated with the Bounce Back Loan scheme who read this website daily, to read it and digest what I am saying. […]

Multiple Reports of Madness with Santander Account Reviews and HSBC Safeguarding Reviews Leading to Demands for Full Repayment of Bounce Back Loans and Even CIFAS Markers

July 4, 2022

OK, listen up, if you have received an infamous HSBC “Safeguarding review” which they ridiculously send via email so many people miss getting them, or Santander are putting you through one of their equally infamous “account reviews” you need to be aware of what they can do if you do not respond. […]

Gobsmacking Case in Which an HSBC Customer Felt Ripped Off When a Branch Manager From That Bank Invested Funds from His Bounce Back Loan in Cryptocurrency and Won’t Give Him the Money Back – Ombudsman Decides Its Not the Banks Fault!

May 31, 2022

Just have a read of the following case, it will show you, if nothing else, just what strange things happened regarding the Bounce Back Loan scheme. Please do not choke on your coffee when reading it. […]

Barclays Boss Says If You Over-Egged Your Turnover But Repay Your Bounce Back Loan That’s Not Fraud But Don’t Repay Then It Is Fraud

March 17, 2022

I knew there would be a whole host of Easter Eggs spurted out at the BEIS Strategy Committee Evidence Gathering session on Covid Loan Fraud on Tuesday, and low and behold Hannah Bernard, Head of Business Banking, Barclays Bank UK did come out with a corker. That being if you over-egged your turnover but repay your loan either in full or via the repayments you agreed when taking out the loan that is not fraud, but if you do not repay then […]