Co-Op – Bounce Back Loan

Shaun Barrett the Director of Exaltra Ltd Slapped with a 9 Year Ban for Blagging a Second Bounce Back Loan for That Company, Which Should Have Been Impossible if Funding Circle Had Checked the BBL Database as Required

The Insolvency Service has banned directors who claimed Bounce Back Loans for companies with no trading activity. […]

Upper Tribunal Judge Marion Caldwell KC Upholds Traffic Commissioner’s Decision to Deny Operator’s Licence Over Fraudulent Royal Bank of Scotland Bounce Back Loan

Judge Marion Caldwell KC backs the Traffic Commissioner’s denial of an operator’s licence due to a fraudulent Royal Bank of Scotland Bounce Back Loan. […]

Declan Kitching and Luke Wright, Associate-App Ltd Co-Directors, Banned for 6 and 9 Years for Fraudulently Obtaining £50,000 Lloyds Bounce Back Loan

Directors who used Bounce Back Loans to fund personal travel face bans for misusing taxpayer-supported funds. […]

Christopher Eugene Conwell Jr, Conwell Civil Engineering Limited Director, Banned for 9 Years for Fraudulently Securing £50,000 Bank of Ireland Bounce Back Loan

The Insolvency Service’s investigations have disqualified directors for using Bounce Back Loans to pay personal fines. […]

Paul Flowers, Ex-Co-op Bank Chairman Dubbed “Crystal Methodist” for Drug Scandals, Jailed for Fraud

Paul Flowers, former Co-op Bank chairman infamous as the “Crystal Methodist,” lands in jail for fraud, adding to his notorious legacy. […]

13-Year Ban for Farms Director’s £50k Non-Trading Bounce Back Loan Fraud

Ellie McClelland, director of EM Farms, who blagged a £50,000 Co-Operative Bank Bounce Back Loan for a non-trading company, misused funds, and didn’t cooperate, faces a 13-year ban. Uncover this hefty penalty. […]

8-Year Ban for Aerospace Director’s Turnover Fraud and Bounce Back Loan Misuse

Jonathan Munn, director of JMM Aerospace, who inflated turnover to blag a Bank of Ireland Bounce Back Loan and used it personally, faces an 8-year ban. Explore this aerospace financial fraud. […]

High Court Judge Orders Liquidation of Two Firms That Secured £100,000 in Bounce Back Loans and £1.5m from the Future Fund

A High Court judge mandates liquidation of two firms that fraudulently obtained £100,000 in Bounce Back Loans and £1.5M from the Future Fund. […]

Seven Shady Corporate Rescue Firms Shuttered for Exploiting BBL-Debted Companies

• Authorities have closed seven fraudulent firms that misled directors into dodging Bounce Back Loan debts, targeting vulnerable and dishonest businesses. […]

Director Sentenced for Fraudulently Securing Two £50,000 Bounce Back Loans

Imran Mushtaq, director of IZ Business Consultants, received a 20-month suspended sentence and 120 hours of unpaid work for fraudulently obtaining two £50,000 Bounce Back Loans. […]