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.
Over-Egging His Business Turnover by a Huge Percentage of the True Amount to Get a £50k NatWest BBL Results in a Company Director Getting a 9 Year Ban, If He Had Over-Egged it By Less Than 25% He Would Probably Have Got Off
As I have mentioned previously, if you are found to have over-egged your business turnover by less than 25% over and above the permitted 25% to get a BBL, the powers that be tend to overlook it. However, the Company Director in this case over-egged it by a much higher percentage so ends up with a 9 year ban. […]