Recovery Action 1 – Bounce Back Loan

June 26, 2025

How Many “Potential Fraud Red Flags” Have You Triggered? The 26 Red Flags Used as Part of the “BBL Summer of Love – BBL Winter of Regret” Recovery Action and Include “Turnover Over-Egging”, “Rapid Withdrawal of BBL Funds”, “Dormant Accounts” and “I.P.” Alerts

Here are the once secret and once highly redacted “Potential Fraud Red Flags” from the BBLS Term Loan Lender Manual. […]

Lenders Intensify Efforts to Protect Their Reputations and Vulnerable Customers as New Covid Corruption Commissioner Approved Bounce Back Loan Recovery Initiatives Loom – Over 200,000 Defaulters to be Targeted in the Coming Weeks

As the newly appointed Covid Corruption Commissioner endorses rigorous Bounce Back Loan recovery measures, lenders are ramping up efforts to safeguard their reputations while prioritizing support for vulnerable customers. With over 200,000 defaulters in the crosshairs, targeted recovery initiatives are set to roll out in the coming weeks, balancing accountability with compassion. […]