BBL Bans – Page 4 – Bounce Back Loan

News Ticker

[ July 26, 2025 ] Cabinet Office Updates Fraud Privacy Notice, Revealing Role in Bounce Back Loan Turnover Investigations BBL Summer of Love
[ July 26, 2025 ] Insolvency Service Launches Strategy to Tackle Bounce Back Loan Fraud and Plan to Recover BBL Funds BBL Summer of Love
[ July 26, 2025 ] Inside the Insolvency Service’s 2026-2031 Plan to Target Thousands of Bounce Back Loan Defaulters BBL Summer of Love
[ July 26, 2025 ] How the Public Sector Fraud Authority Will Track Bounce Back Loan Defaulters Using Social Media and Personal Data BBL Summer of Love
[ July 26, 2025 ] How Borrowers Cleared Their Bounce Back Loan Issues with Affordable Repayment Plans BBL Summer of Love

July 26, 2025

Ban3

Vitalijs Kunickins, Avsmart Fixers Ltd Director from Latvia, Banned for 10 Years for Overstating Turnover to Secure £45,000 HSBC Bounce Back Loan

The Insolvency Service’s crackdown has banned directors for using Bounce Back Loans to fund non-business activities. […]

Ban4

Darren Stamford and Gordon Matthews, City Of London Therapy Centre Ltd Directors, Banned for 6 and 5 Years for Overstating Turnover to Obtain £35,000 Starling Bank Bounce Back Loan

Directors who falsified turnover data to secure Bounce Back Loans face Insolvency Service bans for exploiting pandemic relief schemes. […]

Ban5

Timothy Wilson, Director of Life and Property Solutions Limited, Receives 9-Year Ban for Inflating Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan

The Insolvency Service has disqualified directors for diverting Bounce Back Loans to personal accounts, breaching scheme terms. […]

Ban6

Mike Kenny Wacha, Director of Online Real Estate Solutions Ltd, Handed 11-Year Ban for Fraudulently Obtaining £25,000 NatWest Bounce Back Loan for Non-Trading Company

Misusing Bounce Back Loans for personal investments has led to director bans and increased government scrutiny. […]

Ban7

Rytis Vaiksnoras, Director of Ava Sante Ltd, Begins 6-Year Ban for Overstating Turnover to Obtain HSBC Bounce Back Loan and Transferring Funds to Himself

Directors who claimed Bounce Back Loans for ineligible firms face disqualification for defrauding taxpayer-funded support. […]

Ban8

Bafour Yaw Djang, Director of Okla Technology Limited, Starts 9-Year Ban for Nearly Doubling Turnover to Fraudulently Secure £45,000 Barclays Bounce Back Loan

The Insolvency Service’s probes have banned directors for using Bounce Back Loans to fund non-business ventures. […]

Ban9

Janice Farley-Jones, Acting Director of Two Tykes Ltd, Faces 10-Year Ban for Exaggerating Turnover by Over 12 Times to Obtain £50,000 NatWest Bounce Back Loan

Using Bounce Back Loans to pay unverified creditors has resulted in directors facing disqualification and penalties. […]

Ban10

Caroline Anucha, Director of CA Marketing Solutions Ltd, Begins 10-Year Ban for Inflating Turnover by Over 35 Times to Secure £50,000 Santander Bounce Back Loan

Directors who misrepresented business eligibility for Bounce Back Loans risk bans for violating loan conditions. […]

Ban1

Baboucar Jack, Director of Essentials Trading UK Ltd, Starts 10-Year Ban for Overstating Turnover by Over 12 Times to Fraudulently Obtain £50,000 Santander Bounce Back Loan

The Bounce Back Loan scheme’s vulnerabilities enabled fraud, with directors disqualified for falsifying application details. […]

Ban2

Davina Steele, Director of South Tees Leisure Limited, Receives 12-Year Ban for Applying for Bounce Back Loan for Company Incorporated After Eligibility Cut-Off Date

Directors who used Bounce Back Loans for personal property purchases face bans and reputational damage. […]

Copyright © 2025 | Bounce Back Loan | Privacy Policy | Terms and Conditions | About Us