
Co-Directors Banned for Misusing £50k Loan

Two directors face bans: one for transferring £14,000 from a Barclays Bounce Back Loan to a family member, and another for inflating turnover to secure a loan. Explore their misconduct. […]
Directors who falsified turnover to secure Bounce Back Loans face bans for exploiting the scheme’s rapid rollout. […]
Stockton had already obtained a loan from Clydesdale Bank (now Virgin Money) under the government-backed scheme meant to support businesses during the Covid-19 crisis. […]
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