The Chasing Game Archives

Facts and Figures Related to Active Civil and Criminal Insolvency Service Investigations Into Those Suspected of Having Blagged the Bounce Back Loan Scheme and Other Covid-19 Financial Support Schemes

May 31, 2023

As you will see by the following facts and figures, the Insolvency Service is somewhat busy working their way through lots of open cases related to BBL and other Covid-19 Financial Support Schemes skulduggery by Company Directors, Sole Traders, and other Individuals. […]

Insight Into How Liquidators Are Obliged to Compile a Confidential Report Which Determines If a Director Will Get a Ban and Be Subject to Any Proceedings to Pay Anything Back When Taking the Insolvency Route With a BBL Still Owing

April 27, 2023

I do get asked by many people why there are so many Company Directors getting long bans and why some do not get slapped with such a ban when winding up their Companies with Bounce Back Loans owing. With that in mind […]

HM Treasury Asked Will They Be Selling Off the BBL Loan Book – They Respond They Hold “Guarantees Not Loans”

April 23, 2023

Before he got the boot during Liz Truss’s reign as Prime Minister, Tom Scholar from HM Treasury explained how the Government does not hold BBL loans they just hold guarantees, listen to what he had to say. […]

Been Told You Are Being Pursued for a Disqualification When Liquidating Your Company for Bounce Back Loan Wrongdoing, Such as Over-Estimating Your Turnover? I Have Seen Proof Those Decisions Can Be Overturned

August 5, 2022

Ok, this news update is important, and will, I know, only be of interest to a minority of people, but I want you to read and digest the contents, if you have sadly been forced to take the insolvency route with a Bounce Back Loan still owing, and have been told by the Insolvency Service you have committed wrongdoing, such as over-estimating your turnover and are being pursued for disqualification as “punishment”. […]

Insight Into the Mysterious World of Low, Mid and Top Tier Bounce Back Loan Fraud and Why Certain Aspects are Being Overlooked as Possible Applicant Error

May 18, 2022

Many of you may have missed the information below which came to light at the end of last year, which gives an insight into the “tiers” each type of suspected or proven Bounce Back Loan fraud is classified as. […]