The Disqualification Files Archives

Blagging Three Bounce Back Loans for His Newly Formed Companies That Were Not Even Eligible for BBLs, then Buying a Property with the Money and Leaving Those Loans Unpaid at Liquidation Results in a 12 Year Ban

October 22, 2022

My Bounce Back Loan abuser tracker has now broken the 800 mark, thanks to this chap from Glasgow, who decided to blag three Bounce Back Loans for his companies that were not eligible for those loans and spent the money buying a property. His punishment is a 12 year ban. […]

With No Meaningful Accounting Records Provided to the Liquidator No One Knows Whether a £27k Bounce Back Loan Was Spent on a Business or Not, So the Director Gets a 6 Year Ban

October 21, 2022

A long and drawn out case for you to read today, which is another one involving a Bounce Back Loan which saw a Company Director getting a 6 year ban, which would probably have been […]

Director Hit with a 5 Year Ban for Over-Egging Turnover to Get a £50k Barclays Bounce Back Loan for His Dormant Company Which Was Then Wound Up

October 20, 2022

As rumours swirl that Rishi Sunak may be being lined up to replace Liz Truss, here is another case involving a Bounce Back Loan in which the Director is now starting a 5 year ban. […]

Bagging Both a Co-Op Bank Bounce Back Loan and a Funding Circle CBILS and Not Using Them for the Benefit of his Business, and Leaving Both Owing at Liquidation Sees Director Slapped with a 7 Year Ban

October 19, 2022

Another Bounce Back Loan along with a CBILS have been lost due to the actions of the Director named in this case, for the wrongdoing outlined below, he is now starting a 7 year ban by the way for that wrongdoing. […]

Director Applies for and Gets Two Bounce Back Loans for His One Company After Massively Over-Egging His Turnover, Both Are Left Unpaid at Liquidation Resulting in Him Getting a 7 Year Disqualification

October 19, 2022

Getting just a 7 year disqualification for the wrongdoing associated with this case has to be looked at as a win by the Company Director involved, as he could easily have got a much longer ban for blagging not one but two Bounce Back Loans. […]