
Four Sole Traders Receive 6- to 11-Year Bankruptcy Restrictions for Bounce Back Loan Misuse

Syed Aktarul Alom, director of Lux Car Rental Ltd, has been handed a 10-year directorship ban starting July 14, 2025, after falsifying his company’s turnover to obtain a £50,000 Barclays Bounce Back Loan. […]
The government’s Bounce Back Loan scheme saw abuse, with directors banned for fabricating business turnover data. […]
The government’s crackdown has banned directors for falsifying Bounce Back Loan eligibility claims. […]
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