Three Directors Smacked with 4, 6, and 8-Year Bans as £150,000 in Bounce Back Loans Goes Pear-Shaped Due to Dodgy Dealings
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
5-Year Ban for Devizes Director’s Bounce Back Loan and Tax Violations
A Devizes director who failed to repay an HSBC Bounce Back Loan after securing a larger CBILS Bounce Back Loan, and traded against HMRC’s interests, faces a lenient 5-year ban. Learn why this penalty was light. […]
BBL Blaggers
Director Banned for 6 Years for Unverified £50,000 Bounce Back Loan
A director has been banned for 6 years for failing to provide records, leaving the Insolvency Service unable to verify the eligibility or use of a £50,000 Bounce Back Loan. […]