Two Sole Traders from Bristol and Folkestone Receive 10 and 11-Year Bankruptcy Restrictions Orders for Blagging £50,000 Bounce Back Loans
BBL Blaggers
Director Banned for 9 Years for Misrepresenting Turnover to Secure £50,000 Santander Bounce Back Loan
A director has been banned for nine years for exaggerating turnover to secure a £50,000 Santander Bounce Back Loan, which remained unpaid at liquidation. The disqualification highlights misuse of government-backed financial support. […]
BBL Blaggers
Ivan Polisiuc, Director of Ivory UA Ltd, Banned for 11 Years After Fraudulently Securing £50,000 Bounce Back Loan by Inflating Company Turnover Nearly Tenfold
Ivan Polisiuc, a Romanian director of Ivory UA Ltd, has been disqualified from acting as a company director for 11 years after fraudulently obtaining a £50,000 Bounce Back Loan from Metro Bank. Polisiuc grossly misrepresented his company’s turnover, inflating it by nearly ten times its actual value to secure the loan.
BBL Blaggers
Paul Mensah of Williams CM Ltd Banned for 5 Years for Failing to Provide Records for £50,000 Lloyds Bank Bounce Back Loan
Paul Mensah, director of Williams CM Ltd, faces a lenient five-year ban after failing to provide accounting records to the liquidator, preventing verification of the legitimacy and usage of a £50,000 Lloyds Bank Bounce Back Loan. […]