
5-Year Ban for Director Who Pocketed Half of £50k NatWest BBL

A director faces an 11-year ban after fraudulently obtaining a £50,000 Lloyds Bank Bounce Back Loan for a business ineligible for the scheme. […]
A Slough director has been banned for 11 years after admitting to overestimating turnover to secure a Bounce Back Loan and failing to prove the funds benefited the business, resulting in severe regulatory penalties. […]
Mehmet Aydemir, director of Lowermill Limited, has been banned for six years for overestimating turnover to secure a £50,000 Barclays Bounce Back Loan. The disqualification, starting 24 June 2024, reflects misuse of the government-backed scheme. […]
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