MP Siobhain McDonagh Questions Bank CEOs on Bounce Back Loan Defaults and Fraud, Barclays Chief Claims High Non-Repayment Was Part of Scheme’s Design
BBL Blaggers
Director Banned 6 Years for Hiding Bounce Back Loan Spending
A director faces a 6-year ban for failing to disclose how Bounce Back Loan funds were used, raising suspicions of misuse. Dive into the details of this secretive financial misconduct. […]
BBL Blaggers
Mohammed Iftikhar, Spicy Pizza Idle Limited Director, Faces 10-Year Ban for Blagging a Bounce Back Loan
Mohammed Iftikhar, director of Spicy Pizza Idle Limited, begins a 10-year ban today, July 8, 2025, after falsely reporting a £250,000 turnover to secure a £50,000 Bounce Back Loan from Lloyds Bank. Investigations revealed his actual turnover was £0, and he failed to account for the loan funds’ whereabouts, leading to the disqualification. […]
BBL Blaggers
Director Banned for 6 Years for Using £25,000 Santander Bounce Back Loan to Repay Personal Loans
A director has been banned for six years for securing a £25,000 Santander Bounce Back Loan during lockdown and using it to repay personal loans. The disqualification highlights misuse of funds intended for business support. […]