Having Blagged a £50,000 Bounce Back Loan from Santander by Over-Egging His Turnover, a Company Director is Given a 9 Year Ban and the Liquidators’ Solicitor Secures in Court an Interim Charging Order of £179,276.44 Against His Property
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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