Santander’s Investigation Results in 10-Year Ban for Director Overstating Turnover and Transferring Bounce Back Loan Funds
BBL Blaggers
11-Year Directorship Ban for Liquidating Two Companies with Misused Bounce Back Loans
A director faces an 11-year ban after placing two limited companies into creditors’ voluntary liquidation, each with a Bounce Back Loan. Investigations revealed wrongdoing in the handling of the loans, leading to severe penalties for breaching the terms of the COVID-19 support scheme. […]
BBL Blaggers
Saira Rashid, Director of Spice Magnet Ltd, Banned for 9 Years for Overstating Turnover and Transferring £45,000 from Santander Bounce Back Loan
Saira Rashid’s nine-year ban stems from exaggerating turnover to secure a £50,000 Santander Bounce Back Loan, then transferring £45,000 to unknown recipients. […]
BBL Blaggers
10-Year Ban for Liverpool Director’s £230k Turnover Lie
A Liverpool director who claimed a £230,000 turnover—when it was £14,720—to secure a £50,000 HSBC Bounce Back Loan faces a 10-year ban. Learn how this fraud led to liquidation. […]