Mohammed Emran Miah, Director of Undaal Express Limited, Banned for 11 Years for Overstating Turnover and Dissolving Company After Securing £50,000 Bounce Back Loan
BBL Blaggers
Ciprian Prodan Banned for 10 Years After Inflating Turnover for HSBC Bounce Back Loan
Ciprian Constantin Prodan, director of Sash-Design Limited, received a 10-year directorship ban for overstating his company’s turnover to secure a £50,000 HSBC Bounce Back Loan. Having relocated to Romania, Prodan’s actions were deemed fraudulent by the Insolvency Service, highlighting misuse of the government-backed loan scheme. […]
BBL Blaggers
8-Year Ban for Director’s £25k Turnover Scam
A director who overstated turnover to secure a £25,000 HSBC Bounce Back Loan—when eligible for just over £10,000—has been banned for 8 years. Learn how this fraud led to government guarantee claims. […]
BBL Blaggers
Directors of XCEL Interiors Limited Banned After Partial Repayment of CBILS and BBL Loans
Richard James Wood and Charles Andrew Wood, directors of XCEL Interiors Limited, faced bans of 3 years and 6 months and 4 years, respectively, for failing to fully repay a Bounce Back Loan (BBL) from RBS after securing a £46,305 Coronavirus Business Interruption Loan Scheme (CBILS) from Funding Circle. […]