
Shoddy Records Lead to 6-Year Ban for £50k Bounce Back Loan Misuse

Bounce Back Loan fraud has led to directors being barred for deceptive application practices. […]
Barclays had to pay up for murky BBL repayment details. We detail this victory for clarity and borrower rights. […]
Philip Mark Cannon, director of PC Samba Ltd, has been disqualified from holding a directorship for 11 years, effective today, July 18, 2025. The ban follows his admission of inflating the company’s turnover to secure a £50,000 Bounce Back Loan, with approximately half of the funds subsequently used as a deposit for a house purchase. […]
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