Having Blagged £100,000 In HSBC Bounce Back Loans for His Two Companies When Only Entitled to One BBL Worth £2,240, and Spending the Money on Everything Bar His Businesses, a Company Director is Given a 12 Year Ban
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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