
Director Banned for 10 Years for Overstating Turnover to Secure Santander Bounce Back Loan, Misjudging Future Growth

Four sole traders face Bankruptcy Restrictions Orders ranging from 6 to 11 years for various Bounce Back Loan violations, including inflating turnover and misusing funds, highlighting ongoing enforcement efforts. […]
Safdar Hussain, who ran Pure Fitness Ladies Only Gym Limited, has been banned for 10 years after exaggerating the company’s turnover to secure a £50,000 Bounce Back Loan from Barclays Bank. […]
A director has been disqualified for six years after failing to clarify whether a £25,000 Lloyds Bank Bounce Back Loan was used for his company’s benefit or where funds from a Toyota SG Cruiser sold in Romania went. […]
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