The Disqualification Files

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.

The Disqualification Files

A 5 Year and 6 Year Disqualification Handed Out to Two Company Directors Who Left a Lloyds Bank and Metro Bank Bounce Back Loan Owing at Liquidation and Using The Funds from Those Loans for Personal Benefit

June 29, 2022

Maybe one day in the future, someone, somewhere will realise that forcing businesses to close down and stop trading for long periods of time and filling people’s heads with stories of how they could die due to a nasty virus and telling them to apply for a Government backed business loan with very few questions asked and expecting some of those who got one of them not to act in ways they perhaps wouldn’t […]

The Disqualification Files

Another Eight Bounce Back Loans Valued at £331,500 Go Bad With One Sole Trader Blagging Three BBLs Worth £124,500 When Only Eligible for One – Turns Out He Over-Egged His Turnover and Did Not Use the Funds to Help His Business

June 22, 2022

The guarantee claims on Bounce Back Loans are being put in by lenders at a growing pace, and today another eight of those loans have turned bad, with the recipients of them being slapped by the Insolvency Service for all manner of wrongdoing, here are those cases. […]