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.
8 Year Ban Handed Out to Director Who Did Not Use His Funding Circle Recovery Loan (Replacement for the Bounce Back Loan Scheme) for the Benefit of His Business
If my memory serves me right, this is the first case I have seen that has resulted in someone getting a ban for misusing a Recovery Loan (that was the Government Back Loan Scheme that replaced the BBL Scheme). […]