
James Henry Baker Receives 9-Year Bankruptcy Restrictions Order for Overstating Turnover to Secure £50,000 Bounce Back Loan

A director has been banned for 6 years for securing a Bounce Back Loan for an insolvent company with no repayment prospects, reflecting reckless financial behaviour and regulatory penalties. […]
Audrius Karciauskas, director of West Transto Limited, has been banned for 10 years for claiming a £250,000 turnover, when it was £36,802, to secure a Barclays Bounce Back Loan. The ban follows an insolvency practitioner’s investigation. […]
A Southampton director faces an 11-year ban for inflating turnover to secure a £20,000 Bounce Back Loan and dissolving the company shortly after, a practice that has led to jail time for others in similar cases. […]
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