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.
A Very Modest 5 Year Disqualification Handed Out to a Company Director for Not Using Most of His Company’s Bounce Back Loan for the Benefit of His Business
If you do not prove the proceeds from a Bounce Back Loan were used for the benefit of the business that got one of those loans when taking the liquidation route then a ban is usually forthcoming. The Company Director in this case has just been given a 5-year ban for that very reason. […]