Director Banned 7 Years for Misusing £50,000 Bounce Back Loan
BBL Blaggers
Mehmet Aydemir, Director of Lowermill Limited, Receives 6-Year Ban for Misrepresenting Turnover to Secure £50,000 Barclays Bounce Back Loan
Mehmet Aydemir, director of Lowermill Limited, has been banned for six years for overestimating turnover to secure a £50,000 Barclays Bounce Back Loan. The disqualification, starting 24 June 2024, reflects misuse of the government-backed scheme. […]
BBL Blaggers
11-Year Directorship Ban for Liquidating Two Companies with Misused Bounce Back Loans
A director faces an 11-year ban after placing two limited companies into creditors’ voluntary liquidation, each with a Bounce Back Loan. Investigations revealed wrongdoing in the handling of the loans, leading to severe penalties for breaching the terms of the COVID-19 support scheme. […]
BBL Blaggers
10-Year Ban for Director Who Fraudulently Secured £50k NatWest BBL
Claiming a £50k NatWest BBL when only eligible for £8,500 through turnover fraud led to a 10-year ban for this director. Read how this scam unravelled. […]