
Director Banned for 7 Years for Misusing Lloyds Bank Bounce Back Loan to Pay Personal Property Loan, Left Unpaid

A director faces a 9-year ban for failing to provide accounting records, preventing liquidators from verifying the legitimacy or use of a Bounce Back Loan, leading to regulatory consequences. […]
Gheorghe Ursachi, director of Artedile Ltd from Romania, has been slapped with a decade-long directorship ban effective June 13, 2025, after fraudulently obtaining a £48,500 Bounce Back Loan from HSBC. […]
A director who overstated his Indian food business’s turnover to secure a £50,000 Barclays Bounce Back Loan, failed to prove its business use, and left it unpaid now faces an 11-year ban. […]
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