
Director Banned 7 Years for Misusing £50,000 Bounce Back Loan

An Islington director who overestimated turnover to secure a £47,000 Barclays Bounce Back Loan and used it for personal benefit faces an 11-year ban. Learn about this serious misuse. […]
Sebastian Mierzwa, director of Paullo Ltd, faces a 10-year ban, for exaggerating turnover to obtain a £50,000 Barclays Bounce Back Loan. The disqualification reflects a serious breach of the loan scheme’s terms uncovered during an investigation. […]
Gary William Spence, director of GWS Property Solutions, faces a 9-year ban for inflating turnover to secure a £50,000 Bounce Back Loan, uncovered after a creditor wound up the company, prompting regulatory action. […]
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