Judge Orders Bounce Back Loan Fraudster to Repay Half in 7 Days
BBL Blaggers
Hafiz Bilal Butt, Director of Sobsab Limited, Faces 6-Year Directorship Ban for Non-Compliance with Liquidator
Starting 2 June 2025, Hafiz Bilal Butt, director of Sobsab Limited, is subject to a six-year directorship ban. The penalty was imposed due to his failure to cooperate with a liquidator investigating the transfer of most of a £50,000 Bounce Back Loan to a third party, raising concerns about the misuse of funds intended for the company’s benefit. […]
BBL Blaggers
Southampton Director Banned for 11 Years for Bounce Back Loan Fraud and Company Dissolution
A Southampton director faces an 11-year ban for inflating turnover to secure a £20,000 Bounce Back Loan and dissolving the company shortly after, a practice that has led to jail time for others in similar cases. […]
BBL Blaggers
Middlesbrough Carpet Shop Director Banned for 11 Years for Falsifying Turnover to Secure Dual Bounce Back Loans from Barclays and Lloyds
A Middlesbrough carpet shop director faces an 11-year ban after overstating his business turnover to fraudulently obtain two Bounce Back Loans from Barclays and Lloyds Bank, totalling over £100,000, despite being entitled to only one. […]