Special Reports – Page 3 – Bounce Back Loan

Chancellor Reeves’ New Asset Confiscation Team Targets Fraudsters to Recover Taxpayer Funds

Rachel Reeves’ Budget introduces a well-funded “Asset Confiscation Enforcement Team” to support the Serious Fraud Office in seizing assets and recovering funds lost to Bounce Back Loan fraud. […]

Traffic Commissioner Rejects TSAC Ltd’s Licence After Romanian Director’s Bounce Back Loan Fraud Exposed

Kevin Rooney, Traffic Commissioner, denied TSAC Ltd’s operator’s licence after uncovering that Romanian director Stefan Tamaianu inflated turnover to secure a Bounce Back Loan, spotlighting fraudulent tactics in the transport sector. […]

Companies House Unveils Reforms to Combat Bounce Back Loan Scheme Abuse

Companies House’s “Strategic Intelligence Assessment” outlines plans to modernize and prevent system abuse, revealing how directors exploited the Bounce Back Loan scheme and proposing tougher oversight. […]

NatWest Joins Barclays, Lloyds, and Starling in High Court Push to Wind Up Companies with Government-Backed Loans – Is Your Business on the List?

NatWest has filed a series of High Court winding-up petitions targeting companies suspected of misusing government-backed loans, following similar moves by Barclays, Lloyds, and Starling Bank. With a surge in recent filings, businesses are urged to check if they’re named in these legal actions, as the clampdown on loan misconduct intensifies. […]

Call to Strip Former Starling Bank CEO Anne Boden of MBE Amid Bank’s Scandalous Conduct

A formal request to His Majesty’s Government seeks to revoke Anne Boden’s MBE, citing her leadership during Starling Bank’s Bounce Back Loan misconduct, raising questions about accountability at the top. […]

Bounce Back Loan Fraudsters Unmasked: Convictions and Lenient Penalties Revealed

A new report exposes Bounce Back Loan fraudsters, detailing convictions and cases where culprits escaped with minimal penalties, highlighting the challenges in tackling widespread BBL misconduct. […]

Starling Bank’s £29m Fine for Financial Crime Lapses Triggers CEO Anne Boden’s Exit

Starling Bank’s £29m fine for anti-money laundering failures, reduced from £41m due to cooperation, led to CEO Anne Boden’s abrupt departure, exposing systemic issues at the Bounce Back Loan lender. […]