Director Faces 9-Year Ban and £179,276.44 Charging Order for Overstating Turnover to Secure £50,000 Santander Bounce Back Loan
BBL Blaggers
11-Year Ban for Director Misusing £50k Barclays Loan, Taking Insolvency Route
A director who overstated turnover for a £50,000 Barclays Bounce Back Loan, transferred it to himself and others, withdrew cash, and went insolvent faces an 11-year ban. Read the story. […]
BBL Blaggers
Newcastle-Under-Lyme Director Banned for 11 Years After Council Uncovers Bounce Back Loan Fraud
A Newcastle-Under-Lyme director faces an 11-year ban after a local council’s winding-up order revealed inflated turnover used to secure a Bounce Back Loan, highlighting creditor-driven enforcement of financial misconduct. […]
BBL Blaggers
County Down Director Banned for 7 Years for Misusing Bounce Back Loan to Boost Personal Salary
A County Down director faces a 7-year ban for using a Bank of Ireland Bounce Back Loan to significantly increase personal salary amid declining company turnover. The misuse of funds prompted regulatory penalties. […]