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

Lloyds Bank Wave Goodbye to a £30k Bounce Back Loan as Company Director Get a 5 Year Disqualification

March 14, 2022

Big day tomorrow, as I will be in the Palace of Westminster watching what is expected to be a highly charged committee meeting in which Lord Agnew, two British Business Bank “higher-ups” and a slew of bank bosses are being grilled about Covid Loan Fraud. Let’s hope they can all agree this time, but I doubt they will and it will end up being the usual arse covering exercise I have seen played out by each of them many times in the past. Until then here is another case in which a Company Director has just been hit with a 5-year ban for BBL wrongdoing. […]

The Disqualification Files

Metro Bank Lose Another Bounce Back Loan As a Company Director Takes the Insolvency Route But Is Hit With a 6 Year Disqualification for Not Maintaining/Preserving Adequate Records To Show What It Was Used For

March 10, 2022

Here is another Bounce Back Loan issued by Metro Bank that has gone sour, worth a whopping £48,900 the Liquidator couldn’t work out where the money went or what it was spent on due to the reasons laid out, and as such the Insolvency Service has slapped the Company Director with a 6-year disqualification. Mr Matthew  […]