York Director Banned for 11 Years for Illegally Securing £100,000 in Dual Bounce Back Loans from Lloyds and Tide
BBL Blaggers
9-Year Ban for Bolton Director’s Dual Bounce Back Loan Misuse
A Bolton car breakers director who secured two Bounce Back Loans from HSBC and Barclays, then used the funds for personal gain, faces a 9-year ban. Learn how this scheme unravelled in liquidation. […]
BBL Blaggers
Three Sole Traders Banned for Bounce Back Loan Misuse, Including Car Purchase
Three sole traders face Bankruptcy Restrictions Orders for Bounce Back Loan violations, including one who used funds to buy a car, inflating turnover, and personal benefit misuse. […]
Special Reports
Financial Ombudsman Rules Lloyds Bank Provided a Customer an Unaffordable Business Overdraft, But Finds No Fault in Their Approval of a Bounce Back Loan Three Times Larger 12 Months Later, Citing the Flawed Design of the BBL Scheme
The Ombudsman faults Lloyds for an unaffordable overdraft but clears their larger Bounce Back Loan approval, blaming the scheme’s flawed design. […]