Insolvency Service Bans 736 Directors and Issues 87 Bankruptcy Restrictions in 2024-25 for Bounce Back Loan Fraud
BBL Blaggers
Asma Nadim, Director of IFS Trading Limited, Receives 11-Year Ban for Significantly Overstating Turnover to Secure £50,000 Bounce Back Loan
The Bounce Back Loan scheme’s rapid rollout enabled fraud, with directors banned for false declarations. […]
Special Reports
Landlady’s Redemption: Lloyds Shows Unexpected Leniency After Bounce Back Loan Default
A landlady receives surprising leniency from Lloyds Bank after defaulting on a Bounce Back Loan, offering a rare reprieve in a tough economic climate. […]
Special Reports
Letter to FCA Urges Support for Vulnerable Bounce Back Loan Borrowers Identified by Rishi Sunak
A letter to the FCA demands swift aid for vulnerable Bounce Back Loan borrowers, as highlighted by Rishi Sunak, per regulatory agreements. […]