
Lib Dem MP Charlie Maynard Calls for Government to Incentivize Lenders with Bonus for Recovering Bounce Back Loan Fraud Funds, Despite Guarantee Payouts, But Faces Pushback Over Lenders’ Reluctance Due to Reputational Risks

A new agreement enables HMRC, the British Business Bank, and others to share data, exposing Bounce Back Loan fraud and turnover inflation schemes. […]
Episode 14 investigates the scale of borrowers who exaggerated turnover to obtain Bounce Back Loans, uncovering the extent of this fraud. […]
Explore the varied responses from Bounce Back Loan lenders to customers unable to repay, ranging from supportive to harsh practices. […]
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