
Grimsby Director Banned for 9 Years for Overstating Turnover to Secure Oversized Lloyds Bank Bounce Back Loan

Dean John Olley, director of Image Joinery Ltd, has been banned for 10 years for claiming a £580,000 turnover, despite dormant accounts, to secure a £50,000 Barclays Bounce Back Loan. The ban, starting 22 November 2024, reflects severe financial misconduct. […]
Directors who misrepresented business eligibility for Bounce Back Loans risk bans for violating loan conditions. […]
Directors who used Bounce Back Loans for personal leisure face bans for misusing public funds. […]
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