Claiming His Business Turnover was £100k to Blag a £25k Bounce Back Loan from Santander When the T/O was Just £39,082 Sees a Company Director Hit with a 10 Year Ban – Liquidator Confirms No Further Action to Recover Funds as the Bank and “BBL Bounty Hunters” are Unwilling to Fund It
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Watch Your Backs
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Corruption Commissioner
HMRC, Cabinet Office and the Department of Business and Trade Have Now Flagged Bounce Back Loan Recipients Whose Actual Turnover Didn’t Match Their BBL Application and/or LTD Companies Who Were Not Registered for VAT But Declared a BBL Turnover Figure That Required VAT Registration