
10-Year Ban for Director’s £50k NatWest BBL Crypto Misadventure

A Newcastle-Under-Lyme director faces an 11-year ban after a local council’s winding-up order revealed inflated turnover used to secure a Bounce Back Loan, highlighting creditor-driven enforcement of financial misconduct. […]
Karol Wychowaniec, director of Bifinor Limited and Lovely Kids Limited, has been hit with an 11-year directorship ban starting this Bank Holiday Monday. The ban follows his failure to account for £50,000 Bounce Back Loans from Metro Bank and Lloyds, secured for each company.
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A fashion shop director faces a six-year ban after failing to repay a Lloyds Bank Bounce Back Loan, as required, after securing a Funding Circle CBILS loan, leaving both unpaid and pursuing liquidation. […]
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