In this section of the website you will discover over 2840 defaulted Bounce Back Loans, along with the Company and Directors / Sole Traders names, all of whom received some form of punishment (also revealed) as it was found each of them had abused the BBL scheme in one way or another. Grab a coffee, but please do not choke on it, as you read them, for some of the BBL associated skulduggery is quite shocking.
Barclays Claim on the Government Guarantee After a Company Director Over-Egged His Turnover to Get a £50k BBL and Never Paid it Back, He Has Just Been Given a 10 Year Ban
Even though the Company Director named in this case was permitted to estimate his turnover, he still was slapped with a 10 year ban for over-estimating it. […]