Covid Commissioner’s BBL Fraud Probe Could Take 1,088 Years, National Audit Office Report Warns
Special Reports
NATIS Arrests Suspect in Middlesbrough Over 18 Fraudulent Bounce Back Loan Applications
NATIS races to Middlesbrough, apprehending a suspect tied to 18 fraudulent Bounce Back Loan applications in a major fraud crackdown. […]
Covid Corruption Commissioner
Rachel Reeves Confirms Her Covid Corruption Commissioner Will Go After PPE VIP Lane Blaggers With No Worries for Defaulters Who Didnt Blag Thier BBL
Rachel Reeves’ incoming Covid Corruption Commissioner will focus on PPE contract fraud, leaving Most BBL defaulters safe but eyeing figures like Matt Hancock. […]
Recovery Action 3
Warning Issued – Set Up An Affordable Repayment Plan ASAP If You Over-Egged Your Turnover (Either by Mistake or Otherwise) to Get a BBL as You Have One Final Window of Opportunity to do the Right Thing Before No Nonsense Recovery Action Begins
Businesses that overstated their turnover—whether intentionally or by error—to secure a Bounce Back Loan are urged to establish an affordable repayment plan immediately. With a final, limited opportunity to rectify their situation, failure to act promptly could trigger aggressive recovery measures by lenders or the Insolvency Service, potentially leading to director disqualifications or legal action.
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