Todays News – Mr Bounce Back – Bounce Back Loan Complaints and Scandals

For Bagging a £50k Bounce Back Loan from NatWest then Another £50K BBL from Barclays for His One Single Company and Leaving Both Unpaid at Liquidation a Company Direct is Given an 11 Year Ban

March 31, 2023

Why bag one Bounce Back Loan when you can blag two, may have been the thought going through the mind of the Company Director named in the following case. For his actions he is now starting an 11 year ban. […]

For Getting a £50k Bounce Back Loan Off Starling Bank for His Dormant Company with Zero Turnover and Not Using the Funds for the Benefit of the Business a Company Director is Slapped with a 9 Year Ban

March 31, 2023

Here is the story of Bounce Back Loan skulduggery that led to the Director named being given a 9 year ban. […]

Having Told Barclays Her Business Turnover Was £210k When it Was Just £4 to Blag a £50k Bounce Back Loan from Them and Not Using the Money for the Benefit of That Business a Company Director is Banned for 11 Years

March 31, 2023

It must have felt like Christmas had came early for the Company Director named in this case, as she blagged Barclays out of a £50k BBL with a turnover of just £4 and didn’t spend it on the Business. She is now starting an 11 year ban. […]

Director Whose Last Known Address Was in Poland is Given an 11 Year Ban for Blagging Two Bounce Back Loans for His Single Company and a Whole Host of other Wrongdoing

March 30, 2023

Not one but two Bounce Back Loans have gone to the BBL graveyard in the sky, as you will discover in this case. […]

6 Year Ban for Over-Egging Turnover to Get a Bounce Back Loan from Lloyds (Who Have Made a Guarantee Claim) and Spending it on a Ford Transit and Ford Fiesta for Himself and Making Cash Withdrawals Not Used for the Benefit of the Business

March 30, 2023

Lloyds Bank have confirmed that they have made a claim on the Government Guarantee for the amount left unpaid in this case. […]

10 Year Ban for Company Director Who Blagged a £40k Bounce Back Loan Off Starling Bank, Transferred It to Himself Via a Cashplus Account and Left it Unpaid at Liquidation

March 30, 2023

A 10 year ban is what the Company Director named below is now starting for the string of wrongdoing associated with the £40k BBL he secured from Starling Bank. […]

For Transferring His Company’s £23k Bounce Back Loan to Himself Then Dissolving His Company a Director Gets Slapped with a 10 Year Disqualification

March 29, 2023

Any Company Director attempting to dissolve their Company with a BBL owing will find it gets blocked rather quickly by the British Business Bank, however in the early months of that scheme many people managed to do so, but their actions are now coming back to bite them as this case proves. […]

Using Her Company’s £50k Santander Bounce Back Loan for a Personal Property Investment That Had No Benefit to Her Company Leads to a 10 Year Ban

March 29, 2023

It is the turn of Santander to lose another £50k Bounce Back Loan as this case reveals. […]

Claiming His Business Had a Turnover of £30million When It Had In Fact Never Traded and Blagging Lloyds Out of a £50k Bounce Back Loan Leads to an 11 Year Ban

March 29, 2023

Another Lloyds Bank Bounce Back Loan has gone astray as you will discover when reading through this case. […]

Company Directors Get 7 Year Bans for Not Supplying Sufficient Records at the Insolvency of Their Separate Businesses to Help Determine Where Their Barclays Bounce Back Loans Went

March 29, 2023

This case once again proves by not supplying any or enough Company accounting records at Insolvency tends to lead to a much shorter ban than those given out when such records prove Bounce Back Loan wrongdoing. […]