
Director Banned for 7 Years for Misusing Bounce Back Loan on Personal Expenses

A Manningtree director has been disqualified for 10 years after exaggerating company turnover to obtain a £50,000 Bounce Back Loan, which was then used for personal expenses, including purchasing a car. The case highlights fraudulent loan practices. […]
Bounce Back Loan misuse, such as funding personal property purchases, has led to directors facing Insolvency Service bans. […]
Kieran Frank Osborne, director of Squiggle.me Ltd, faces a nine-year ban after fraudulently obtaining a £50,000 Metro Bank Bounce Back Loan for a business with zero turnover that was not trading. […]
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