
6-Year Ban for Director’s £25k Bounce Back Loan Default

Directors caught funnelling Bounce Back Loans to associates face Insolvency Service bans for misuse. […]
A Hove-based director has been disqualified for 10 years after overstating his business turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan, which was never repaid. […]
Hammaad Ahmad, director of Enchanted Mirror Booth Ltd, faces a 10-year ban after falsely estimating his company’s turnover at £400,000, when it was only £300, to obtain a £49,000 Lloyds Bank Bounce Back Loan. […]
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