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.
Hefty 11 Year Disqualification Handed Out to Company Director for Over-Egging Turnover to Get a £50k Bounce Back Loan and Not Using it for the Benefit of the Business and for Leaving It Owing at Liquidation
A tale of money given to a friend to buy rugs and carpets from Pakistan the proof of which could not be shown with funds from a Bounce Back Loan, and over-egging his business turnover to get that BBL sees a Company Director hit with a hefty 11 year disqualification in this case. […]