In this section of the website you will discover over 2400 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.
There Appears to a Noticeable Increase in Company Directors Not Delivering to the Liquidator Their Accounting Records in the Hope They Get a Lower Disqualification for Abusing the Bounce Back Loan Scheme
With some hefty disqualifications being handed on to those who take the Insolvency route with their LTD Companies when there is a Bounce Back Loan involved and wrongdoing is uncovered, I have seen quite a number of Directors fail to preserve and/or maintained adequate accounting records, or in the alternative, fail to deliver up adequate accounting records to the Liquidator in the hope they get a lower ban. Here is a case in which a Director has just been given a 7 Year disqualification, and […]