
What to Do When You Get This Letter Telling You That You Coud Be Facing Director Disqualification or Compensation Orders for Bounce Back Loan Misconduct

The director of a music studio has been banned for eight years after a liquidator found inflated turnover figures used to obtain a higher-valued Barclays Bounce Back Loan than the business was eligible for. The disqualification, effective immediately, underscores misuse of pandemic relief funds. […]
Directors who falsified turnover to secure Bounce Back Loans face bans for exploiting the scheme’s rapid rollout. […]
A director’s insolvency revealed turnover inflation and misuse of a Barclays Bounce Back Loan, leading to a 10-year ban. Dive into this self-inflicted exposure.
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