
British Business Bank Revokes £1B in Bounce Back Loan and Other Government Backed Loan Guarantees, Leaving Lenders Scrambling

Third-party fraudsters who exploited the Bounce Back Loan scheme are being apprehended and jailed as authorities crack down on their crimes. […]
A vulnerable man claims a scammer used a Barclays Bounce Back Loan in his name to buy a costly watch, but the Ombudsman dismisses his complaint. […]
Some lenders are fast-tracking Bounce Back Loan defaults, sparing borrowers the distress of the standard three-month missed payment wait. […]
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