Special Reports – Page 5 – Bounce Back Loan

Financial Ombudsman Rules Lloyds Bank Provided a Customer an Unaffordable Business Overdraft, But Finds No Fault in Their Approval of a Bounce Back Loan Three Times Larger 12 Months Later, Citing the Flawed Design of the BBL Scheme

The Ombudsman faults Lloyds for an unaffordable overdraft but clears their larger Bounce Back Loan approval, blaming the scheme’s flawed design. […]

Immigration Raids on 275 Sites Declared Successful, Issuing 135 Notices Likely to Reveal Numerous Fraudulent Bounce Back Loans as Business Owners Face Fines and Opt for Insolvency or Bankruptcy – Further Raids Planned

Immigration raids on 275 sites uncover potential Bounce Back Loan fraud, with 135 notices issued and more raids planned as owners face fines and insolvency. […]

Guidance for Insolvency Practitioners on Identifying and Reporting Bounce Back Loan Fraud or Misuse During Company Liquidation

New guidance equips insolvency practitioners to spot and report Bounce Back Loan fraud during company liquidations, strengthening fraud detection. […]

New Report Reveals National Investigation Service (NATIS), the “Bounce Back Loan Police” Unit, Operated with Inadequate Oversight and Governance

A report exposes NATIS, the Bounce Back Loan “police,” for operating with poor oversight, raising questions about their fraud investigation practices. […]

Insight Into the Reasons, Timing, and Process of Prosecution for Bounce Back Loan Misconduct, Including Fraud by False Representation and Violations of Section 1006 of the Companies Act 2006

Explore the reasons, timing, and process behind prosecuting Bounce Back Loan misconduct, including fraud and Companies Act violations. […]

Following My Exposure of the British Business Bank’s Violation of a Judge’s Order, They Are Now Contacting All Affected Parties – See Their Apology Letter to Those Put at Risk

After exposing the British Business Bank’s breach of a judge’s order, they issue apologies to affected Bounce Back Loan borrowers—read their letter. […]

HM Treasury Conceals Contract Details with BlackRock for Bounce Back Loan Scheme Design, Despite Taxpayers Funding a £3m Indemnity – Another Questionable Agreement?

HM Treasury hides BlackRock’s Bounce Back Loan scheme contract details, despite a £3M taxpayer-funded indemnity, raising suspicions of shady deals. […]

Government Actions Endanger Bounce Back Loan Recipients, Especially Minority Groups with Distinctive Names Filing Freedom of Information Requests

Government actions risk exposing Bounce Back Loan recipients, particularly minorities with distinctive names, through Freedom of Information requests. […]

Although Judge Sophie Buckley Ordered the Government to Keep Bounce Back Loan Recipients’ Names Confidential, the Department for Business and Trade, Under Minister Jonathan Reynolds MP, Incompetently Discloses Names in a Shocking Data Breach Blunder

Despite Judge Buckley’s confidentiality order, Jonathan Reynolds’ department leaks Bounce Back Loan recipients’ names in a major data breach fiasco. […]

Ombudsman Clarifies Government Exempted Bounce Back Loans from Consumer Lending Rules, So Requiring Barclays to Provide a Detailed Graph of Monthly Interest Payments Would Be Overly Burdensome

The Ombudsman notes Bounce Back Loans’ exemption from consumer lending rules, deeming Barclays’ detailed interest payment graphs too burdensome to provide. […]