Directors Face Punishment for Securing Bounce Back Loans for Dormant Companies During Liquidation
BBL Blaggers
Guy Loveday, Director of Bentley’s Bargain Warehouse Limited, Faces 10-Year Ban for Fraudulently Obtaining Two £50,000 Bounce Back Loans from Barclays and Starling Bank
Bounce Back Loan fraud has led to directors being barred for deceptive application practices. […]
BBL Complaints Dismissed
Barclays Seizes Bounce Back Loan for Late Company Formation, Ombudsman Dismisses Complaint
Barclays seized a Bounce Back Loan for a company formed after March 2020. The Ombudsman dismissed the complaint, confirming the bank’s eligibility review. […]
Special Reports
British Business Bank Notes Low Risk of Non-UK Companies Fraudulently Obtaining Bounce Back Loans
The British Business Bank reports that fears of non-UK companies fraudulently securing Bounce Back Loans did not materialize as a major issue. […]