
10-Year Ban for £50k Bounce Back Loan Spending Spree

A director’s turnover inflation to secure a £50,000 Barclays Bounce Back Loan, when entitled to under £10,000, led to a 10-year ban. Dive into this costly scam. […]
Two co-directors have been banned for six years for using a £40,000 Santander Bounce Back Loan to repay personally guaranteed loans, benefiting themselves rather than the business. The disqualification reflects misuse of the loan scheme. […]
The government’s crackdown on Bounce Back Loan fraud has banned directors for falsifying business viability claims. […]
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