BBL Blaggers – Page 229 – Bounce Back Loan

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. […]

Government Set to Tackle Directors Who Have Inappropriately Wound-Up Companies That Have Benefited From Bounce Back Loans

Lots for you to read today, as the Government are now scrambling around like headless chickens in an attempt to do everything they can to stop or at least deter Directors winding up companies if they bagged a Bounce Back Loan, so grab a coffee and read on, and see what Kwasi Kwarteng and others are planning and are up to. Does it include MPs, Members of the House of Lords and Ex-PM’s? Take a Look.. […]

Scammer Duo Locked Up for Milking Loan Scheme with Fraudulent Applications

Two scammers are behind bars for exploiting the BBL scheme with dodgy applications galore. Dive into their brazen con! […]