Why Are More Directors Being Banned or Jailed for Bounce Back Loan Fraud? Understand the Risks
BBL Blaggers
Florin-Petrica Bodale, Sole Trader, Receives 13-Month Suspended Sentence for Fraudulently Securing £50,000 Bounce Back Loan with Inflated Turnover
The Insolvency Service’s crackdown on Bounce Back Loan fraud has banned directors for diverting funds to personal accounts. […]
BBL Blaggers
Director Clobbered with a 4-Year Ban for Funnelling £30k Starling BBL to Himself Over Creditors
A director’s banned 4 years for diverting a £30k Starling BBL to himself, ignoring creditors. See his greedy move! […]
BBL Blaggers
Sobia Masood, Blue Dolphin London Limited Director, Banned for 10 Years for Falsely Claiming £200,000 Turnover to Secure £50,000 Lloyds Bounce Back Loan
Misusing Bounce Back Loans for speculative investments has led to directors facing disqualification and legal repercussions. […]