Barnet Director Begins 9-Year Ban for Misrepresenting Turnover to Secure £30,000 Barclays Bounce Back Loan
BBL Blaggers
Asim Mahmood, Director of Gulzar Trade Limited, Banned for 11 Years Starting July 15, 2025, for Blagging and Misusing £50,000 Barclays Bounce Back Loan
Asim Mahmood, director of Gulzar Trade Limited, has been banned from acting as a company director for 11 years, effective July 15, 2025, after fraudulently obtaining a £50,000 Barclays Bounce Back Loan. When questioned about the funds, Mahmood admitted to withdrawing the money for personal use, leading to the lengthy ban for breaching director duties and misusing government-backed financial support intended for business recovery. […]
BBL Blaggers
10-Year Ban for £50k Bounce Back Loan Fraud and Insolvency
A director’s turnover inflation and personal use of a £50,000 Barclays Bounce Back Loan, left unpaid at insolvency, led to a 10-year ban. Explore this financial deceit. […]
BBL Blaggers
8-Year Ban for London Director’s Dual Bounce Back Loan Scam
A London director who secured a Barclays Bounce Back Loan, then blagged another from HSBC for the same business, faces an 8-year ban. Dive into how this double-dip left both Bounce Back Loans unpaid. […]