Sole Traders Face Bankruptcy Orders for Bounce Back Loan Misuse
BBL Blaggers
10-Year Ban for Director Misusing Barclays Loan After Turnover Fraud
A director who overstated turnover to secure a Barclays Bounce Back Loan, transferred it to himself and another party, and provided no proof of business benefit, faces a 10-year ban. […]
BBL Blaggers
Paul Adam of Central Security Services (MID) Ltd Banned for 9 Years for Illegally Securing Dual Bounce Back Loans from Barclays and NatWest
Paul Adam, director of Central Security Services (MID) Ltd, has been disqualified for nine years after his insolvency practitioner, Stuart Garner, reported him for fraudulently obtaining two Bounce Back Loans from Barclays and NatWest. […]
BBL Blaggers
Director Banned 8 Years for Bounce Back Loan Turnover Fraud
A new Insolvency Service rule resulted in an 8-year ban for a director who overstated turnover by over 25% to secure a NatWest Bounce Back Loan, now unpaid. […]