
Four Sole Traders Banned for Bounce Back Loan Fraud, Including Claim of Stolen Gold

A sole trader faces an 11-year Bankruptcy Restrictions Order for paying a third party £5,000 to misrepresent business trading status to secure a £50,000 Bounce Back Loan. […]
Bounce Back Loan misuse, such as funding personal property purchases, has led to directors facing Insolvency Service bans. […]
Sole traders from Weymouth, Peterborough, and Lincoln face long Bankruptcy Restrictions Orders for inflating turnover and using Bounce Back Loans for personal benefit, violating loan scheme rules. […]
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