Sheffield Activist Banned for 10 Years for Overstating Turnover to Secure £50,000 NatWest Bounce Back Loan
BBL Abuse Punishments
Mark Degnan Confiscation Order Hearing for Dual Bounce Back Loan Fraud, Judge Tells Him to Repay the Money or Face a Year in Prison
Mark Degnan, who received a two-year suspended sentence in January for fraudulently obtaining two Bounce Back Loans, appeared at Leeds Crown Court for a confiscation hearing. He was ordered to repay the full amount within six months, or he faces a year in prison if he fails to comply. […]
BBL Blaggers
Director Smacked with a 9-Year Ban for Using Starling BBL to Pay Off Another Firm’s Debt
A director’s banned 9 years for using a Starling BBL to clear another firm’s debt after fudging turnover. Check his dodgy move! […]
BBL Blaggers
Director Banned for 10 Years After Liquidator Declines to Pursue Bounce Back Loan Fraud Case
A director has been banned for 10 years for inflating turnover to secure a Bounce Back Loan, despite liquidators choosing not to pursue further action. The penalty was approved by the Secretary of State for financial misconduct. […]