2026

Take a Look at How the Public Sector Fraud Authority Intend to Punish Anyone, Including Covid Business Grant Scammers and Bounce Back Loan Blaggers Using Civil Penalty Powers – Early Indicators Are That BBL Blagging Will be Deemed to be a Low Level Fraud with Minimal Penalties

Have a good read through of the following document, as it is going to give you an insight into how the Public Sector Fraud Authority are proposing to classify fraud and the punishments doled out to for example Bounce Back Loan Blaggers and/or Covid Business Grant blaggers. […]

Subscriber Special Reports

After I Exposed Lenders and the Government Pushing People Towards “Support Groups” Who Tell Directors of Ltd Companies to Simply Strike Off Their Company When they Have an Unaffordable and Not Paid Back BBL, Leaving Directors in Limbo and at Risk of Financial Penalties or Worse, Updated Guidance Has Just Been Released

There is something of a problem in Whitehall, that was the making of the Government that needs addressing, and that is what to do with the huge number of Companies that have a Strike Off blocked and have been left in a limbo state due to that Company having an outstanding Bounce Back Loan debt. […]

2026

Government Ministers Celebrate Appeal Court “Immediate Custodial Sentences ARE Necessary for BBL Blaggers” Ruling, and the Proposed Removal of Juries from Trials, the King Signing Into Law the Public Authorities (Fraud, Error and Recovery) Bill and BBL Enforcement Action Begins – This is Your Last Chance to Protect Yourself

It is as if the planets have all aligned to spell disaster for anyone who may have blagged a Bounce Back Loan, as the stage is now legally set for those that did to face immediate custodial sentences if found guilty of such in court. […]

 BBL Legal Advice
Additional Reading

Rachel Reeves Thanks Tom Hayhoe the Covid Corruption Commissioner During Her Budget, Whilst Allocating an Additional £25million to the Insolvency Service so They Can Investigate Dodgy Directors Including Those Who Shut Down a BBL Owing Company and Opened Another Identical Business

The funds will help pay for a new “Abusive Phoenixism Taskforce” which will be a 50 person unit tasked with investigating Directors who closed down one business to escape its debts only to open a new offering exactly the same type of services or goods, which is known as phoenixing into another new business. […]

Additional Reading

The British Business Bank Express Sympathy to Those Who Died and Experienced Mental and Physical Health Issues During the Pandemic and Beyond, Whilst the Cabinet Office Do the Opposite, Giving an Insight at the Covid Inquiry of How They Will Start To Chase Those Who Blagged the Public Purse

As you will see the Cabinet Office KC explains fraud isn’t as bad as it could be in the BBL scheme, and how the upcoming bill, due to be signed into law will give the Public Sector Fraud Authority lots of powers to chase anyone and everyone who robbed the Public Purse during the pandemic. […]