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.
By Slightly Over-Egging Their Business Turnover by 7 Times its Value to Secure a £20k Santander Bounce Back Loan, Two Co-Directors Walk off With a 9 and 7 Year Ban
It’s not one of the best ideas, taking the Insolvency route with a Bounce Back Loan still owing when you over-egged the turnover for one of those loans, for Insolvency Practitioners are duty bound to ensure every aspect of the application for a BBL and where it went and what it was spent on was legit, which in the case below it certainly wasn’t. […]