
Derby and Walthamstow Sole Traders Receive 7 and 10-Year Bankruptcy Restrictions Orders for Overstating Turnover to Secure Bounce Back Loans

A director has been banned for six years for securing a £25,000 Santander Bounce Back Loan during lockdown and using it to repay personal loans. The disqualification highlights misuse of funds intended for business support. […]
A director faces a nine-year ban for exaggerating turnover to secure a £40,000 Santander Bounce Back Loan and a top-up, which went unpaid at liquidation. The disqualification underscores misuse of the loan scheme. […]
After inflating turnover to secure a £25,000 Santander Bounce Back Loan and a top-up, a director’s resignation left the loan unpaid, earning a 10-year ban for misconduct. […]
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