Todays News – Page 120 – Mr Bounce Back – Bounce Back Loan News – Updates

Sole Trader Claims Lloyds Bank Are Asking Him to Repay a Bounce Back Loan He Never Applied For – Ombudsman Says Pull the Other One, It’s Got Bells On

January 20, 2023

The headline above is me paraphrasing, however the Ombudsman clearly lay out why they think he is lying and do not uphold his his complaint, as you will see below. […]

With No Accounts to Inspect, Another Barclays £50k Bounce Back Loan Heads for the Government Guarantee With No One Knowing Where it Went, Bar the Company Director who Got a 6 Year Ban

January 18, 2023

The ban the Company Director named in this case has just been given, would have been much higher, had he supplied the Company accounts and they had proved the Bounce Back Loan his Company got had been bagged against the rules of that scheme or used incorrectly. Anyway, he ended up with just a 6 year ban for the reasons outlined. […]

Having Blagged a £50k Bounce Back Loan from HSBC for His Dormant Company with No Turnover, and Leaving the BBL Owing After It Entered a Creditors’ Voluntary Liquidation, a Company Director Is Given a 10 Year Ban

January 18, 2023

A 10 year ban has just been given to the Company Director named in this case, for the wrongdoing associated with an HSBC Bounce Back Loan. […]

£320million in Bounce Back Loans No Longer Have the Government Guarantee Attached to Them

January 17, 2023

As we wait patiently for the next update data dump which will reveal just how many Bounce Back Loans are in arrears and just how many BBL guarantee claims have been put in by each […]

Dodgy Goings-On With Two Bounce Back Loans One from Starling Bank and One from Barclays, and With a Chunk of One of them Winging Its Way to Bulgaria, Results in a Company Director Getting an 11 Year Ban

January 17, 2023

An eleven year disqualification has just been handed out to the Company Director named below for the listed Bounce Back Loan wrongdoing. […]

For Using Over Half of His Company’s £50k Lloyds Bank Bounce Back Loan for His Own Benefit, a Company Director Has Been Given a 6 Year Disqualification

January 17, 2023

Here we have another case of a Company Director who was found to have used a good chunk of his Company’s Bounce Back Loan for his own benefit and not the benefit of his business, and for that he has just been slapped with a 6 year ban. […]

For Placing Two Limited Companies, Each with a Bounce Back Loan, In Creditors Voluntary Liquidations the Director is Slapped with an 11 Year Ban After BBL Wrongdoing is Discovered

January 14, 2023

A couple more Bounce Back Loans have turned sour due to the actions and wrongdoing listed of the Company Director named below. […]

Two People Carted Off in the Back of a Bounce Back Loan Door Kicker Police Squad Van in Connection with a Whopping £1.8million Dodgy Bounce Back Loan Applications Investigation

January 13, 2023

National Investigation Service (NATIS) Officers executed warrants at addresses in the Midlands over the Christmas period together with officers from the West Midlands Police. Two people were arrested in connection with money laundering offences and […]

Just a 4 Year Ban for Misusing His Company’s Bounce Back Loan That Was Not Paid Back by the Date of the Liquidation of His Company

January 12, 2023

I wouldn’t be too surprised if the Company Director named below is quite chuffed that he only got a 4 year ban for the listed Bounce Back Loan wrongdoing, when others have been given bans or double or treble the length of his ban for similar wrongdoing. […]

Bagging a £50k HSBC Bounce Back Loan for a Business That Was Not Trading and Providing No Accounts So The Liquidator Could Work Out Where it Went Sees a Director Hit with an 11 Year Ban

January 12, 2023

Here is the story of how a Director managed to blag out of HSBC a £50k Bounce Back Loan for a Business that wasn’t even trading, to which he has just been given an 11 year ban. […]