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

Co-Directors of a Business Trading as a “Nisa Local” Store Bag Two BBLs One from RBS and The Other from Santander for Their One Single LTD Company and Receive a 5 Year and 3 Year 6 Months Disqualification Respectively at Insolvency

December 13, 2021

Knowingly applying for and getting two Bounce Back Loans for the same business is going to see you slapped with a long disqualification if you then wind-up that business, and today’s case involves two Co-Directors, one who applied for two such loans for one single business and the other who knowingly let the other Co-director do so […]

Rolex Files

6 Year Bankruptcy Restrictions Order for Ex-Fruit and Vegetable Retailer Who Secured a £28,000 Bounce Back Loan for a Business That Had Ceased Trading and Spent £2,400 on a Watch and Even More on “Living Costs”

December 13, 2021

The cases of Bounce Back Loan wrongdoing just never end, and here is another one that resulted in a 6 year BRO for someone who got a £28k BBL when his business had ceased trading and used it for personal benefit such as buying an expensive watch and living costs. […]

The Disqualification Files

Nine Sole Trader BBL’s Worth £400k (Two to One Person) Go Bad with the Proceeds of Those Loans Being Used for Personal Benefit Including Garden Improvements, Gambling and Trading on a Trading Platform and Who Knows What Else

December 10, 2021

There has just been an avalanche of Sole Trader BBL’S that have turned bad and have just worked their way through the insolvency system, and as such today I present to you a total of eight cases involving nine Bounce Back Loans given to Sole Traders worth some £400,000 that have resulted in some long Bankruptcy Restriction Orders being given out. […]