Director Banned for 10 Years for Grossly Overstating Turnover to Secure Lloyds Bank Bounce Back Loan and Misusing Funds
BBL Blaggers
Jon Paul Soden-Geer and Michael John Geer, Directors of Freecom Internet Services Limited, Awarded Identical 7-Year Bans for Diverting a £110,000 Funding Circle CBILS Away from Repaying the Firm’s £50,000 Lloyds Bounce Back Loan
Jon Paul Soden-Geer and Michael John Geer both start seven-year bans for diverting a £110,000 CBILS from Funding Circle away from repaying Freecom Internet Services Limited’s £50,000 Lloyds BBL. […]
BBL Blaggers
Uxbridge Director Banned for 10 Years for Bounce Back Loan Fraud
An Uxbridge director faces a 10-year ban for securing a £30,000 Bounce Back Loan despite having no company turnover, violating eligibility rules and resulting in significant regulatory action. […]
BBL Blaggers
Carl Michael Regan, Director of Fits Perfect Limited, Begins 10-Year Directorship Ban for Securing £30,000 NatWest Bounce Back Loan with Ineligible Business
Carl Michael Regan, director of Fits Perfect Limited, has been handed a 10-year directorship ban, effective May 16, 2025, for fraudulently obtaining a £30,000 NatWest Bounce Back Loan. The ban follows findings that Regan’s business was not trading and thus ineligible for the loan, underscoring ongoing efforts to address fraudulent claims within the Bounce Back Loan scheme. […]