Mihai Badea of Blue UK Services Limited Banned for 8 Years for Falsifying Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan
BBL Blaggers
Director Smacked with a 6-Year Ban for Blagging RBS BBL for New Firm with Fake Turnover
A director’s banned 6 years for fudging turnover to nab an RBS BBL for a firm barely started. Dig into his dodge! […]
BBL Blaggers
9-Year Ban for Director Misusing Barclays Loan, Repays Some Funds
A director who inflated turnover to secure a Barclays Bounce Back Loan and used it for personal benefit, including buying a car, faces a 9-year ban and repaid some funds. Read more. […]
Special Reports
Government Acknowledges Certain Bounce Back Loan Lenders Repeatedly Entered Business Owners’ Details into the BBL Portal, Were Later Caught Attempting to Exploit the BBL Scheme, and Lost Their Guarantees – Resulting in Innocent Business Owners Being Wrongly Flagged as Suspected Fraudsters
The government admits some lenders’ portal misuse led to innocent Bounce Back Loan borrowers being wrongly flagged as fraudsters after guarantee losses. […]