High Court Judge Orders Liquidation of Two Firms That Secured £100,000 in Bounce Back Loans and £1.5m from the Future Fund
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
8-Year Ban for Aerospace Director’s Turnover Fraud and Bounce Back Loan Misuse
Jonathan Munn, director of JMM Aerospace, who inflated turnover to blag a Bank of Ireland Bounce Back Loan and used it personally, faces an 8-year ban. Explore this aerospace financial fraud. […]
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. […]