
Philip Kenneth Donaldson, Director of Macmerry300 Ltd, Banned for 11 Years for Securing Two Bounce Back Loans

A director has been disqualified for nine years after exaggerating his business turnover to secure a £50,000 Lloyds Bank Bounce Back Loan, using £5,000 for a personal mortgage payment and £45,000 for himself. […]
Securing two Bounce Back Loans from NatWest and Metro Bank for one business earned a director a 10-year ban. Dive into the details of this double-loan fraud. […]
At least the two Company Directors named in this case will have plenty of time to use their caravan purchased with a BBL, most of which they never paid back. […]
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