
6-Year Ban for Director Misusing £50k NatWest BBL for Personal Gain

InA company director has been disqualified for 12 years after fraudulently obtaining two Bounce Back Loans from Metro Bank and HSBC, totalling £97,000, and using them to pay home rent and invest in cryptocurrency. […]
Chesley Medley-Brown, director of Spritz Cleaning Solution Limited, faces an 11-year ban for overestimating turnover to secure a £50,000 Barclays Bounce Back Loan. The disqualification reflects misuse of the government-backed scheme. […]
Mohammed Saqib Choudrey, director of Legit Limited, faces a 10-year directorship ban starting July 29, 2025, for fraudulently securing a £50,000 NatWest Bounce Back Loan. Choudrey, who purchased the company off-the-shelf, transferred the funds to himself, breaching loan terms. The ban reflects the severity of his misuse of government-backed financial support. […]
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