Liquidator Rumbles Director for Blagging £50k Starling BBL for Non-Trading Firm, Nailing 11-Year Ban
Forced Liquidation
Starling Bank Targets Companies with High Court Winding-Up Orders, Joining Barclays and Aggressive BBL Recovery Efforts
Starling Bank is escalating its pursuit of companies suspected of Bounce Back Loan (BBL) misuse, filing High Court winding-up orders alongside Barclays and third-party “BBL bounty hunters.” This aggressive crackdown signals a broader push to recover funds from businesses accused of loan fraud. […]
BBL Blaggers
Emra Kayam, Director of Kayalar Limited, Ordered to Pay £37,460 for Misusing Bounce Back Loan
Emra Kayam, director of Kayalar Limited, has been ordered to pay £37,460 within two weeks for improperly investing £19,000 of a £35,000 Bounce Back Loan in the stock market. The court ruling reflects misuse of pandemic relief funds. […]
BBL Blaggers
10-Year Ban for Director Misusing £18k Barclays Loan After Turnover Fraud
A director who overstated turnover to secure an £18,000 Barclays Bounce Back Loan, when entitled to £12,041, and used it for personal benefit, faces a 10-year ban. Read the details. […]