Having Blagged a £50k Bounce Back Loan from Santander for His Business That it Was Not Entitled to and then Transferring it to Himself and Taking the Insolvency Route with the BBL Still Owing, a Company Director is Given an 11 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