11-Year Bans for Dual Bounce Back Loan Fraud and Hidden Distress
BBL Blaggers
Three Sole Traders Banned for Bounce Back Loan Fraud and Fund Misuse
Three sole traders face lengthy Bankruptcy Restrictions Orders for inflating turnover to secure larger Bounce Back Loans, with two failing to use the funds for business purposes, violating loan regulations. […]
BBL Blaggers
Business Owner Banned 6 Years for Bounce Back Loan Personal Misuse
A business owner who misused a £39,000 NatWest Bounce Back Loan for personal gain, liquidating their company, faces a 6-year ban as NatWest claims the guarantee. […]
BBL Complaints Upheld
Barclays Ordered to Pay £300 for Bounce Back Loan Access Error, Ombudsman Upholds Complaint
Barclays’ error prevented a sole trader from accessing the Bounce Back Loan scheme. The Ombudsman upheld the complaint, increasing compensation from £100 to £300 after appeal. […]