Immigration Raids on 275 Sites Declared Successful, Issuing 135 Notices Likely to Reveal Numerous Fraudulent Bounce Back Loans as Business Owners Face Fines and Opt for Insolvency or Bankruptcy – Further Raids Planned
Special Reports
HSBC’s Bounce Back Loan Default and CIFAS Marker Overturned by Ombudsman, Compensation Awarded
HSBC’s harsh default, account closure, and CIFAS marker are reversed by the Ombudsman, who rules the customer’s turnover estimate was valid, awarding compensation. […]
Special Reports
Third-Party Fraud in Bounce Back Loan Scheme Leads to Arrests and Imprisonment
Third-party fraudsters who exploited the Bounce Back Loan scheme are being apprehended and jailed as authorities crack down on their crimes. […]
Special Reports
BEIS, Formerly Under Kwasi Kwarteng, Ignores FCA’s BBL Lender Abuse Report, While FCA Is Keen to Address Scams
BEIS shrugs off FCA findings of BBL lender abuse, but the FCA is ready to act. We contrast their starkly different responses. […]