Director Smacked with a 9-Year Ban for Using Starling BBL to Pay Off Another Firm’s Debt
Special Reports
Government Acknowledges Certain Bounce Back Loan Lenders Repeatedly Entered Business Owners’ Details into the BBL Portal, Were Later Caught Attempting to Exploit the BBL Scheme, and Lost Their Guarantees – Resulting in Innocent Business Owners Being Wrongly Flagged as Suspected Fraudsters
The government admits some lenders’ portal misuse led to innocent Bounce Back Loan borrowers being wrongly flagged as fraudsters after guarantee losses. […]
BBL Blaggers
Director Banned for 9 Years for Overstating Turnover and Misusing £50,000 Lloyds Bank Bounce Back Loan for Personal Payments
A director has been disqualified for nine years after exaggerating his business turnover to secure a £50,000 Lloyds Bank Bounce Back Loan, using £5,000 for a personal mortgage payment and £45,000 for himself. […]
BBL Blaggers
Director Banned for 9 Years for Overstating Turnover to Secure Santander Bounce Back Loan and Using Funds for Personal Needs
A nine-year ban was imposed on a director who exaggerated turnover to obtain a Santander Bounce Back Loan, then diverted most of the funds for personal use, neglecting business needs. […]