Director Banned for 12 Years for Misusing Bounce Back Loan and Scamming £117,218 in Support Grants
BBL Blaggers
Music Studio Director Receives 8-Year Ban for Misrepresenting Turnover to Secure Barclays Bounce Back Loan
The director of a music studio has been banned for eight years after a liquidator found inflated turnover figures used to obtain a higher-valued Barclays Bounce Back Loan than the business was eligible for. The disqualification, effective immediately, underscores misuse of pandemic relief funds. […]
BBL Blaggers
Brian McGrath, Director of McGrath Truck Modifications Ltd, Faces 5-Year Ban for Failing to Repay Santander Bounce Back Loan After CBILS Loan
Brian McGrath’s five-year ban results from failing to repay a Santander Bounce Back Loan after securing a CBILS loan, breaching government scheme rules. […]
BBL Blaggers
Wolverhampton Director Banned for 10 Years After Illegally Obtaining Two Bounce Back Loans
A Wolverhampton director faces a 10-year ban for applying for and receiving two Bounce Back Loans for the same business. The misuse of the loan scheme resulted in significant penalties for breaching financial regulations. […]