
Director Banned for 10 Years for Using £50,000 Santander Bounce Back Loan for Personal Property Investment

A Coalville director began an 11-year directorship ban after exaggerating turnover to secure a Barclays Bounce Back Loan. The company was wound up in the High Court by Barclays, and the loan claim was sold to debt collectors now pursuing the director. […]
Maryam Sabir’s five-year ban results from failing to provide accounts, leaving liquidators unable to verify the use of a £10,000 Santander Bounce Back Loan. […]
Directors caught transferring Bounce Back Loans to family members face Insolvency Service bans for misuse. […]
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