
Three Sole Traders from Cambridge and Cirencester Hit with Bankruptcy Restrictions for Inflating Turnover to Get Bounce Back Loans

A director faces an 11-year ban after fraudulently obtaining two Bounce Back Loans from Barclays and Metro Bank for his single company, neither of which was repaid. […]
The Insolvency Service has pursued directors for using Bounce Back Loans to cover personal expenses, leading to bans. […]
A sole trader faces a 9-year Bankruptcy Restrictions Order for securing a £46,250 Bounce Back Loan when entitled to only £5,330 and filing for bankruptcy. The unpaid loan prompted severe regulatory action. […]
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