Three Sole Traders Banned for 7- to 11-Year Periods for Bounce Back Loan Misuse
BBL Blaggers
Ban for Bounce Back Loan Turnover Fraud That Repayments Could’ve Hidden
A director’s turnover inflation for a Bounce Back Loan led to a ban, which a Barclays boss claims could’ve been avoided with repayments. Explore this intriguing case of “forgivable” fraud. […]
Special Reports
Insolvency Service Confirms BEIS’s Odd Rule Under Kwasi Kwarteng: 8-Year Ban for Overstating BBL Turnover by Over 25% of Allowed 25% During Insolvency
BEIS’s strange rule, backed by Kwasi Kwarteng, slaps 8-year bans on directors for exaggerating BBL turnover during insolvency. We dissect this bizarre policy. […]
BBL Blaggers
Stephen Damian Satchell of Wholesale Blinds 2 U Ltd Banned for 6 Years for Failing to Provide Records for Lloyds Bank Bounce Back Loan
Stephen Damian Satchell, director of Wholesale Blinds 2 U Ltd, faces a six-year ban after failing to provide accounting records to the liquidator, preventing verification of the legitimacy and usage of a Lloyds Bank Bounce Back Loan. […]