40+ Bounce Back Loans: A Shocking Tale of Loan Abuse
BBL Blaggers
Director Banned for 12 Years for Fraudulent Bounce Back Loan and Litigation Settlement
A director faces a 12-year ban for fraudulently securing a £50,000 Bounce Back Loan, with a litigation funder securing a High Court settlement, highlighting severe financial misconduct and legal consequences. […]
BBL Complaints Upheld
NatWest Ordered to Pay Compensation for Unclear Bounce Back Loan Trading Rules, Ombudsman Upholds Complaint
NatWest’s unclear use of trading terms confused a Bounce Back Loan applicant. The Ombudsman upheld the complaint, awarding compensation for the bank’s lack of clarity. […]
BBL Blaggers
Bradford Director Faces 11-Year Ban and Potential Jail Time for Illegally Obtaining £50,000 Bounce Back Loan
A Bradford director received an 11-year disqualification after securing a £50,000 Bounce Back Loan for an ineligible business and dissolving the company. Authorities are now considering legal action, which could result in imprisonment for fraudulent loan acquisition.
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