
6-Year Ban for Director Misusing £150k in Barclays Loans, No Records Provided

The Insolvency Service’s focus on Bounce Back Loan abuse has disqualified directors for diverting funds to offshore accounts.
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Directors who used Bounce Back Loans for personal vacations face bans for fund misuse. […]
Ioan Cosmin Dumitrascu, director of Dumicos, who inflated turnover to blag a £50,000 HSBC Bounce Back Loan and pocketed most of it, faces a 10-year ban. Learn about this blatant misuse. […]
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