Sole Traders from Kings Langley and Bolton Banned for Bounce Back Loan Misuse
BBL Blaggers
Director Banned for 12 Years for Fraudulent Bounce Back Loan and Company Dissolution
A director faces a 12-year ban for exaggerating turnover to secure a Bounce Back Loan, transferring the funds to himself, and dissolving the company, a practice often leading to criminal charges. […]
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
Dartford Director Banned for 11 Years After Misusing Bounce Back Loan Post-Company Wind-Up
A Dartford director has been disqualified for 11 years for securing a Bounce Back Loan and transferring it to personal accounts after HMRC wound up the company. The case underscores the consequences of misusing emergency financial aid. […]