BBL Blaggers – Page 218 – Bounce Back Loan

6 & 7-Year Bans for Unproven Bounce Back Loan Use by Directors

Two directors face 6 and 7-year bans for failing to prove Santander and Barclays Bounce Back Loans benefited their businesses post-liquidation. Explore this case of financial ambiguity. […]

Three Directors Banned for 6 Years for Misusing £23,000 and £29,000 Santander and £25,000 Lloyds Bounce Back Loans for Personal Benefit

Three directors have been disqualified for six years after using two Santander Bounce Back Loans (£23,000 and £29,000) and a £25,000 Lloyds Bank Bounce Back Loan for personal benefit during company wind-ups. […]

Director Nailed with a 9-Year Ban for Blagging £50k Starling BBL for Dormant Firm and Pocketing It

A director’s banned 9 years for grabbing a £50k Starling BBL for a firm with zero turnover and keeping the cash. Dig into his dodge! […]

9-Year Ban for Bounce Back Loan Turnover Fraud and Misuse

A director’s lies about turnover and business health to secure a Barclays Bounce Back Loan, then using it personally, led to a 9-year ban. Delve into this case of financial deceit. […]

6-Year Ban for Squandering £42k Bounce Back Loan on Personal Use

A director’s personal spending of most of a £42,000 Barclays Bounce Back Loan triggered a 6-year ban by the Insolvency Service. Uncover the misuse that led to this penalty. […]

Director Banned for 7 Years for Failing to Account for £20,000 Lloyds Bounce Back Loan and Covid Grant Usage

A director faces a seven-year ban after failing to maintain accounting records, preventing the Insolvency Service from verifying whether a £20,000 Lloyds Bank Bounce Back Loan and a Covid grant were used for the company’s benefit or if the turnover justified the loan. […]

Director Walloped with a 7-Year Ban for Dodgy £50k Starling BBL and No VAT Registration

A director’s banned 7 years for nabbing a £50k Starling BBL with no VAT registration and dodgy turnover claims. See his shady move! […]

Director Banned for 6 Years for Misusing Lloyds Bank Bounce Back Loan for Personal Living Expenses

A company director has been disqualified for six years after using a Lloyds Bank Bounce Back Loan to cover daily living costs, rather than for business purposes. […]

Insolvency Service Wallops Director with a 6-Year Ban for Blagging £15,000 TSB Loan While Bust and Spending It on Himself

A director’s been whacked with a 6-year ban for nabbing a £15,000 TSB loan when his firm was insolvent and using it for personal kicks. Dig into the details! […]

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. […]