Four Individuals and Director Banned for Bounce Back Loan Violations
Special Reports
Insolvency Service Enhances Bounce Back Loan Wrongdoing Detection
The Insolvency Service is sharing Bounce Back Loan data with insolvency practitioners to identify and report wrongdoing via the Director Conduct Reporting Service, strengthening enforcement efforts. […]
BBL Blaggers
Hartlepool Director Receives 10-Year Ban for Overstating Turnover and Transferring £20,000 Santander Bounce Back Loan
A Hartlepool director’s 10-year ban results from inflating turnover to secure a £20,000 Santander Bounce Back Loan, transferring it to himself, with only £36.20 recovered. […]
BBL Blaggers
Director Banned for 6 Years for Misusing £50,000 Lloyds Bank Bounce Back Loan for Non-Business Purposes
A director faces a six-year ban after failing to use a £50,000 Lloyds Bank Bounce Back Loan for the economic benefit of his business, prompting the bank to claim on the government guarantee. […]