
6-Year Ban for Director Using Barclays Loan to Buy Car

Gareth Butler, director of Power 2 Upgrade Limited, faces a nine-year ban, starting June 24, 2024, for over-estimating his company’s turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan. […]
NatWest’s unclear use of trading terms confused a Bounce Back Loan applicant. The Ombudsman upheld the complaint, awarding compensation for the bank’s lack of clarity. […]
A director faces a 5-year ban for transferring Bounce Back Loan funds to himself instead of using them for the company’s benefit, reflecting financial misconduct and regulatory action. […]
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