Two Sole Traders Smacked with Bankruptcy Orders for Blagging Loans
BBL Blaggers
Sole Trader Banned for 11 Years for Gambling Away £50,000 Bounce Back Loan
A sole trader faces an 11-year Bankruptcy Restrictions Order for securing a £50,000 Bounce Back Loan and gambling it away, highlighting severe misuse of government financial support. […]
BBL Blaggers
Director Banned for 11 Years for Unjustified Turnover Estimate and Misusing Lloyds Bank Bounce Back Loan for Personal Benefit
A director has been disqualified for 11 years after failing to provide a logical explanation for his estimated turnover to secure a Lloyds Bank Bounce Back Loan and using the funds for personal benefit. […]
BBL Blaggers
7-Year Ban for Director’s “Erroneous” £202k Turnover Fraud
A director who “erroneously” claimed a £202,488 turnover to blag an HSBC Bounce Back Loan, then transferred it to a connected company, faces a lenient 7-year ban. Explore why liquidators let him off lightly. […]