News Ticker

[ April 20, 2024 ] HSBC Goes Crying to the Ombudsman After a Case Handler Orders Them to Reinstate a Bounce Back Loan They Snatched Back After De-Banking a Customer – That Ombudsman, Alex Brooke-Smith Also Orders Them to Reinstate It, Awards Compensation to the Customer and Interest on the Money They Snatched BBL Complaints and Outcomes
[ April 20, 2024 ] Brent Based Sole Trader Vicuta Cioban and Hillingdon Based Muse Omarganay Yusuf Given an 11 Year and 9 Year Bankruptcy Restrictions Order Respectively for Bounce Back Loan Abuse The Disqualification Files
[ April 20, 2024 ] Saira Rashid the Director of Spice Magnet Ltd Given a 9 Year Ban for Over-Egging Her Business Turnover to Blag a £50,000 Bounce Back Loan from Santander Then Transferring £45,000 to Unknown Recipients The Disqualification Files
[ April 18, 2024 ] Royal Bank of Scotland Customer Says His Company Was Mis-sold a Bounce Back Loan as the Bank Said It Would Benefit His Company in a Zoom Call, He States It Didn’t Need the Loan, It Didn’t Touch It and It Just Loaded the Company With Debt – Ombudsman Doesn’t Uphold the Complaint BBL Complaints and Outcomes
[ April 18, 2024 ] Thomas Mark Sharpe-Byrne the Director of Cleaning & Maintenance Systems Inc Limited Starting a 5 Year Ban Today the 18th of April 2024 for Not Repaying His Company’s Lloyds Bank Bounce Back Loan After Securing a Funding Circle CBILS Loan The Disqualification Files
[ April 17, 2024 ] Ehsan Ullah Tahir the Director of Ambassador Sourcing Limited Given a 10 Year Ban for Claiming His Company Turnover was £400,000 to Blag a £50,000 Bounce Back Loan from NatWest When His Actual Turnover Was £92,496.01 The Disqualification Files
[ April 17, 2024 ] Gyula Laczko the Director of UK Mojito Lemon Ltd Given a 9 Year Ban for Claiming a Third Party and Not Himself Over-Egged His Company’s Turnover to Blag a £50,000 from Lloyds Bank The Disqualification Files
[ April 17, 2024 ] Rick Howard Gray the Director of R K Driveways Designs Ltd Given a 10 Year Ban for Over-Egging His Estimated Company Turnover To Get a £50,000 Barclays Bounce Back Loan, Even Though He Was Permitted to Estimate His Turnover The Disqualification Files
[ April 17, 2024 ] Patrick Mackin the Director of Bluenet Optical Solutions Limited Given a 3 Year 6 Month for Trading to the Detriment of HMRC, a £40,000 Santander Bounce Back Loan Was Also Left Unpaid The Disqualification Files
[ April 17, 2024 ] Paul Coupland the Director of Humber Metal Processors Ltd Gets an 11 Year Ban for Blagging a £30k BBL Then a £20k BBL Top Up By Stating His Company Was Trading On Or Before 1st of March 2020, When He Incorporated it in on the 20th of April 2020 The Disqualification Files
[ April 17, 2024 ] David James Reed the Director of Medina Construction Limited Given a 10 Year Ban After HMRC Wind-Up His Company and It Was Discovered He Had Blagged a £50,000 Bounce Back Loan The Disqualification Files
[ April 16, 2024 ] Szymon Piotr Jastrzebski the Director of E Marketing Limited Gets a Hefty 13 Year Ban for Blagging Two Bounce Back Loans for His Single Company – Liquidator Simon Thomas Says He Fled the Country So the BBLs Have Been Written Off The Disqualification Files
[ April 16, 2024 ] Randeep Singh Jandu the Director of Indigo North Berwick Limited Given a 10 Year Ban for Over-Egging His Turnover to Get a BBL Top Up – His Initial BBL Was Within His Actual Turnover Figures So No Allegation is Made on That Part of the BBL The Disqualification Files
[ April 16, 2024 ] Koksal Yavuz Karakoc the Director of Palermo Express Ltd Given a 9 Year Ban For Over-Egging His Estimated Turnover to Blag a £50,000 Bounce Back Loan from Lloyds Bank, Liquidator Andrew Smith Says He Isn’t Risking Court Action Against the Director As He Might Not Win The Disqualification Files
[ April 15, 2024 ] Romans Lozovs the Director of Public Construction Limited Given a 10 Year Ban for Over-Egging His Turnover to Blag a £50,000 from Bank of Scotland The Disqualification Files

April 20, 2024

Losses Due to Errors and Fraud Relating to Bounce Back Loans

January 29, 2021 British Business Bank FOI Requests

bbl-foi-requests

There are bound to be plenty of losses reported due to errors and fraud regarding Bounce Back Loans and that was one of several questions asked on this FOI Request sent into the British Business Bank.

close a limited company

It was sent in on the 25^th of August 2020 and they received it on the 28^th of September 2020 and they replied on December the 4^th 2020.

Copyright © 2020 - 2024 | Mr Bounce Back | Contact | Disclaimer | Privacy Policy | Corrections and Updates | Terms and Conditions |