BBL Blaggers – Page 210 – Bounce Back Loan

Director Banned 8 Years for Bounce Back Loan Turnover Fraud

A new Insolvency Service rule resulted in an 8-year ban for a director who overstated turnover by over 25% to secure a NatWest Bounce Back Loan, now unpaid. […]

Insolvency Service Confirms BEIS’s Odd Rule Under Kwasi Kwarteng: 8-Year Ban for Overstating BBL Turnover by Over 25% of Allowed 25% During Insolvency

BEIS’s strange rule, backed by Kwasi Kwarteng, slaps 8-year bans on directors for exaggerating BBL turnover during insolvency. We dissect this bizarre policy. […]

Shoddy Records Lead to 6-Year Ban for £50k Bounce Back Loan Misuse

A director’s sloppy bookkeeping and refusal to share accounts for a £50,000 unpaid Bounce Back Loan triggered a 6-year disqualification. Uncover the murky details behind this financial fiasco. […]

11-Year Ban for Bounce Back Loan Turnover Fraud and Silent £35k Use

A director’s turnover inflation and refusal to explain a £35,000 Barclays Bounce Back Loan’s use led to an 11-year ban. Dive into the fraud and secrecy behind this case. […]

5-Year Ban for Director’s £50k Bounce Back Loan Betrayal

A direcA director who diverted a £50,000 HSBC Bounce Back Loan during insolvency, harming creditors, now faces a 5-year ban. Uncover the reckless actions that led to this financial betrayal. […]

Director Walloped with a 6-Year Ban for Splashing £50k Starling BBL on Cars and Leaving Debt

A director’s banned 6 years for blowing a £50k Starling BBL on cars and leaving debts for a dormant firm. See his flashy blag! […]

7- and 9-Year Bans for Spain-Based Directors’ Bounce Back Loan Fraud

A director, possibly in Spain with Bounce Back Loan cash, faces a 7-year ban, while another gets 9 years for similar wrongdoing. Uncover how these Co-Operative Bank Bounce Back Loans fuelled international intrigue. […]

Individual Faces 4-Year Bankruptcy Restrictions for Misusing Lloyds Bounce Back Loan to Buy and Sell High-Value Vehicles for Personal Gain

An individual has been hit with a four-year Bankruptcy Restrictions Order after using a Lloyds Bounce Back Loan to purchase high-value vehicles, which were then sold for personal gain. […]

5.5-Year Ban for Director’s Personal Bounce Back Loan Diversion

A director who misused a £27,500 HSBC Bounce Back Loan for personal gain has been banned for 5.5 years. Learn how this case adds to the growing list of Bounce Back Loan defaults tracked by investigators. […]

11-Year Ban for Director Who Fraudulently Secured Three £50k BBLs for One Company

A director’s audacious scam to obtain three £50k Bounce Back Loans from Lloyds, HSBC, and NatWest for a single company led to an 11-year ban. See if the liquidator will chase recovery. […]