
Oldbury Director Walloped with an 11-Year Ban for Blagging Loan and Illegally Striking Off Firm

A director faces a 10-year ban for exaggerating turnover to secure two Bounce Back Loans. The disqualification, following insolvency proceedings, underscores multiple violations of the government-backed loan scheme. […]
A director has been disqualified for 11 years after obtaining a £50,000 Lloyds Bank Bounce Back Loan for a business with no evidence of trading or Covid-19 impact, rendering it ineligible. […]
A director who exploited an “accounting records loophole” to obscure the fate of a £50,000 HSBC Bounce Back Loan faces a 6-year ban. Discover how this tactic led to a lighter penalty despite liquidation losses. […]
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