The Disqualification Files

It’s a good job they don’t lock up those who have been found to have done some form of wrongdoing relating to a Bounce Back Loan, or prisons would soon be full to overflowing. As it stands, the most someone has to worry about is a disqualification/ban, if they take the insolvency route, such as the Company Director named below who is just starting a 5 year ban for the BBL wrongdoing listed. […]

Unbelievably the Company Director named below managed to bag two Bounce Back Loans, one from Barclays and one from NatWest and also blag a CBILs from Funding Circle, all for his one single business. He didn’t use those funds for the benefit of the business and is now starting an 11-year ban. […]

Here are the details of another Santander Bounce Back Loan that has gone sour, resulting in the Company Director who over-egged his turnover getting an 8-year ban. […]

As Rishi Sunak has now scuttled off back to obscurity having been trounced by Liz Truss in the recent Conservative Party vote for their new Leader and Prime Minister, the fallout of his Bounce Back Loan scheme is still being played out, and here are two more people now beginning long bans due to all manner of wrongdoing associated with that Government backed loan scheme. […]

Not only did over-egging her business turnover allow the Company Director named below to get a £40k Bounce Back Loan, but she then went on to get a BBL top-up worth £9k too. However, having taken the insolvency route with the BBL not being paid back, and her over-egging wrongdoing being exposed and reported by the Liquidator, she is now starting a 9-year disqualification. […]