
Director Banned for 7 Years for Misrepresenting Turnover to Secure £45,000 Santander Bounce Back Loan

A director has been banned for 10 years for claiming a £130,000 turnover, when it was £4,892, to secure a £30,000 Bounce Back Loan, highlighting significant financial fraud. […]
Two Newport co-directors face 10 and 8-year bans after exaggerating their business turnover to obtain a Lloyds Bank Bounce Back Loan. […]
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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