
10-Year Ban for Director’s £50k NatWest BBL Crypto Misadventure

The Insolvency Service has banned directors who claimed loans for non-functional companies. […]
A director faces a nine-year ban for exaggerating turnover to secure a Santander Bounce Back Loan, which went unpaid at liquidation. The disqualification underscores misuse of the government-backed loan scheme. […]
By exaggerating turnover to secure a £50,000 Barclays Bounce Back Loan and transferring it to himself, a director left it unpaid, resulting in an 11-year ban. Explore this case. […]
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