9-Year Ban for Westcliff Director’s Ineligible Bounce Back Loan Fraud
BBL Blaggers
Ionut-Iulian Ungureanu, Director of Raise the World Ltd, Starts 11-Year Ban for Overstating Turnover and Misusing £50,000 Lloyds Bank Bounce Back Loan
The Insolvency Service’s efforts have led to bans for directors misusing Bounce Back Loans for unrelated activities. […]
BBL Blaggers
Rye Director Banned for 5 Years for Illegally Securing Two Lloyds Bank Bounce Back Loans, Receives Lenient Penalty
A Rye director faces a lenient five-year ban, approved by Secretary of State Kemi Badenoch, after fraudulently obtaining two Lloyds Bank Bounce Back Loans for his businesses. […]
BBL Blaggers
9-Year Ban and £4k Settlement for Director’s Turnover Overestimate
Have a lA director who overestimated turnover to secure a £20,000 HSBC Bounce Back Loan faces a 9-year ban but settled with a £4,000 payment to avoid further action. Discover the “potential defence” that softened this penalty. […]