Concerns Raised Over Links Between Business Recovery Firms and Bounce Back Loan Enforcement
BBL Blaggers
Grant Cunliffe of Criffel Construction Banned for 7 Years for Bounce Back Loan Misuse
Grant Cunliffe, director of Criffel Construction, faces a 7-year ban for inflating turnover to secure a £45,000 Bounce Back Loan, with only £4,207 repaid before liquidation, reflecting financial misconduct. […]
BBL Blaggers
Stephen Clyde, Director of Advanced Valeting and Detailing Limited, Banned for 9 Years for Misrepresenting Turnover to Secure £50,000 Barclays Bounce Back Loan
Stephen Clyde, director of Advanced Valeting and Detailing Limited, faces a nine-year ban for exaggerating turnover to secure a £50,000 Barclays Bounce Back Loan. The disqualification highlights misuse of pandemic relief funds. […]
BBL Blaggers
Three Sole Traders Given Bankruptcy Restrictions Orders for Misusing £125,250 in Bounce Back Loans
Three sole traders have been given Bankruptcy Restrictions Orders for various Bounce Back Loan misuses totalling £125,250, including inflating turnover, gambling, and personal use. These BRO’s highlight widespread abuse of the government-backed scheme. […]