A Quick Check of the Business Accounts and Bank Accounts Leads an Insolvency Practitioner to Report a Birmingham Based Director For Over-Egging His Turnover to Get a £50k BBL from Lloyds Bank That Director Is Today Starting a 10 Year Ban
BBL Blaggers
Wolverhampton Director Banned for 10 Years After Illegally Obtaining Two Bounce Back Loans
A Wolverhampton director faces a 10-year ban for applying for and receiving two Bounce Back Loans for the same business. The misuse of the loan scheme resulted in significant penalties for breaching financial regulations. […]
BBL Blaggers
Saira Shah, Director of Puranics Ltd, Receives 10-Year Ban for Overstating Zero Turnover to Secure £30,000 Santander Bounce Back Loan
Saira Shah’s 10-year ban stems from claiming a £30,000 Santander Bounce Back Loan with zero turnover, transferring the funds to herself for personal use. […]
BBL Blaggers
11-Year Ban for Bounce Back Loan Turnover Fraud and Silent £35k Use
A director’s turnover inflation and refusal to explain a £35,000 Barclays Bounce Back Loan’s use led to an 11-year ban. Dive into the fraud and secrecy behind this case. […]