The Disqualification Files Archives

10 Year Disqualification for Blagging a Barclays Bounce Back Loan Then a BBL Top-up When Not Eligible and Transferring the Money to Himself and Leaving it Unpaid at Liquidation

October 31, 2022

The number of people who over-egged their turnover to get a Bounce Back Loan is huge, and this case shows what happens when you did just that, and also blagged a BBL top-up and spent the money on yourself and not the business then take the insolvency route. That being a […]

The High Court Shuts Down a Business After Learning Its Director Tried to Unsuccessfully Blag a CBILS But Then Got a £40k Bounce Back Loan and Four Payments worth £20k from the Job Retention Scheme When Not Eligible for the CBILS, BBL or JRS Grants

October 30, 2022

As we are waking up to the news that Liz Truss’s phone had been hacked by Russia, another story that will make you choke on your coffee is this one, which shows just how easy it was for ne’er do wells to blag the BBL scheme and the Job Retention Scheme too. […]

Modest 6 Year Disqualification for Using the Majority of His Company’s £50k NatWest Bounce Back Loan on Himself not the Business

October 28, 2022

Another day, and another Bounce Back Loan wronging case to present to you, here are the details of a NatWest BBL that has turned sour that has led to a 6 year disqualification for the Director named. […]

An 11 Year Ban Handed Out to Company Director Who Got Two Bounce Back Loans for His One Single Company Worth £100k in Total and Spent the Money on Himself not the Business

October 28, 2022

I will leave it up to you to decide whether it was worth the 11 year ban the Company Director named below is now starting for blagging a total of £100k in Bounce Back Loans. […]

Using Funds from a Barclays Bounce Back Loan Meant for His Limited Company to Invest Personally in a Global Energy Company and Not Providing Accounting Records to Allow the Insolvency Practitioner to Do Their Job Results in a 7 Year Disqualification

October 28, 2022

Here are the events which led up to the named Company Director being slapped with a 7 year ban for taking the Insolvency route, leaving a BBL unpaid and having committed the following Bounce Back Loan related wrongdoing. […]