9-Year Ban for £50k Bounce Back Loan Turnover Fraud
BBL Blaggers
They Ain’t Playing in Northern Ireland as Two Blokes Face Belfast Crown Court for Over-Egging Turnovers to Blag Ulster Bank Bounce Back Loans for Their Firms
Northern Ireland’s cracking down hard! Two fellas got hauled before Belfast Crown Court for fudging their business turnovers to nab Bounce Back Loans from Ulster Bank. Dive into their dodgy dealings! […]
BBL Blaggers
Three Sole Traders Face Lengthy Bankruptcy Restrictions for Bounce Back Loan Misuse
Three sole traders have been slapped with bankruptcy restriction orders lasting 7, 10, and 11 years for abusing the UK’s Bounce Back Loan scheme, designed to support businesses during the COVID-19 pandemic. The Insolvency Service uncovered that the individuals either overstated their business turnover to secure larger loans or misused funds for personal expenses, prompting severe penalties.
[…]
BBL Blaggers
10-Year Ban for Director as Barclays Claims Guarantee on £50k Unpaid Loan
EBarclays claimed a government guarantee for a £50,000 Bounce Back Loan after a director overstated turnover and failed to repay, leading to a 10-year ban. Learn about this default. […]