Ionut Badea of Johhny&B Limited Banned for 9 Years for Inflating Turnover to Get £50,000 Bounce Back Loan
BBL Blaggers
10-Year Ban for Director Inflating Turnover to Secure Oversized Barclays Loan
By vastly overstating turnover, a director secured a Barclays Bounce Back Loan nearly four times her entitlement, resulting in a 10-year ban. Dive into this case of financial overreach. […]
BBL Blaggers
“Carl Barnes of Central Plumbing & Heating Lincoln Ltd Hit with 11-Year Ban for Fraudulent £47,500 BBL from Starling Bank
Carl Barnes, director of Central Plumbing & Heating Lincoln Ltd, has been banned from serving as a company director for 11 years after securing a £47,500 Bounce Back Loan from Starling Bank through fraudulent means. Barnes misrepresented his company’s financial status, claiming a turnover of £340,000 during the application process, when in reality, the business had no turnover at all.
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BBL Blaggers
Director Banned for 10 and Sole Traders Get an 11 Year Bankruptcy Restrictions Order for Misrepresenting Turnover to Secure Two Bounce Back Loans
A director faces a 10-year ban for exaggerating turnover to secure two Bounce Back Loans. The disqualification, following insolvency proceedings, underscores multiple violations of the government-backed loan scheme. […]