
11-Year Ban for Director Misusing £50k Barclays Loan After Inflating Turnover

Bounce Back Loan misuse, such as funding personal lifestyles, has led to directors facing Insolvency Service action. […]
Directors caught channelling Bounce Back Loans to family members face Insolvency Service bans for misuse of funds. […]
A director has been disqualified for 11 years after obtaining a £50,000 Lloyds Bank Bounce Back Loan for a business with no evidence of trading or Covid-19 impact, rendering it ineligible. […]
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