Insolvency Service Clarifies Turnover Estimation Limits for Bounce Back Loans
BBL Blaggers
Director Faces 11-Year Ban for Overstating Turnover and Transferring £50,000 Santander Bounce Back Loan to Herself
An 11-year ban was issued to a director who inflated turnover to secure a £50,000 Santander Bounce Back Loan, then transferred the funds to herself for personal use. […]
BBL Blaggers
5-Year Ban for Hiding Bounce Back Loan Spending Records
A director’s failure to provide records on a Bounce Back Loan’s use led to a 5-year ban, leaving its fate a mystery. Learn how this secrecy triggered a lighter penalty. […]
BBL Blaggers
7-Year Ban for Unproven £50k Bounce Back Loan Turnover
A director’s failure to provide accounts proving a £50,000 Barclays Bounce Back Loan’s turnover, with bank records hinting at fraud, led to a 7-year ban. Uncover this case. […]