The Disqualification Files Archives

Santander Say Goodbye to Another Bounce Back Loan as Another Company Director Takes the Insolvency Route and Receives a 4 Year Disqualification for Using that Loan for Personal Benefit

March 28, 2022

When asked if Santander would be relying on the Treasury guarantee if they cannot recover fraudulent funds, Susan Davies, Head of Business Banking, Santander UK said Yes, and as such one imagines today’s case which resulted in a 4-year disqualification for a Company Director will see the BBL associated with that case being paid back to her bank by HM Treasury. […]

Taking the Insolvency Route Lands Company Director with a 6 Year Disqualification When Its Discovered He Used a Metro Bank Bounce Back Loan for Personal Benefit

March 25, 2022

It is the turn, yet again, of Metro Bank to see yet another of their Bounce Back Loans turning sour, and today’s case reveals why a Company Director was hit with a 6 year disqualification for BBL wrongdoing with the proceeds of that loan. […]

A 7 Year and 9 Year Disqualification Handed Out to Two Company Directors for Over-Egging Turnover to Obtain a £35k and £50k Bounce Back Loan

March 21, 2022

I am fast approaching 400 business owners on my BBL Defaults Tracker that have been hit with a Disqualification for Bounce Back Loan wrongdoing, and today’s two cases resulted in a 7 year and 9-year ban. […]

Three Bounce Back Loans Worth £117k Go Sour and Three Business Owners Hit With Bans/Disqualifications for Various BBL Wrongdoing Including Over-Egging Turnover

March 19, 2022

Another £117k in Bounce Back Loans are heading for the Government guarantee as you will see by today’s three cases, all of which resulted in long disqualification/bans for the business owners. […]

Company Director Hit With Disqualification For Over-Egging Their Turnover Which Would Have Been Hushed Up and Not Classed As Fraud If They Had Just Made Repayments According to a Barclays Boss

March 18, 2022

Whilst I put together the finer details of the project that I am working on with a bank boss regarding help and support for those struggling to repay their Bounce Back Loan, which I should have an update on very shortly, here is another case involving BBL wrongdoing which resulted in an 8-year disqualification. […]