Margate Based Individual Slapped with an 11 Year Bankruptcy Restrictions Order for Blagging a £30k Bounce Back Loan He Wasn’t Entitled to of Which He Gambled Away £14,063 and Spent £15,500 Repaying Loans to Friends and Family Members
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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