
Petar Yordanov Michev of Cambridge Banned for 9 Years for Bounce Back Loan Fraud

A director who used a Barclays Bounce Back Loan to buy a car for personal benefit and left it unpaid faces a 6-year ban. Explore this case of modest punishment for misuse. […]
A director faces a nine-year ban after submitting dormant accounts, indicating no trading activity, yet securing a £50,000 Lloyds Bank Bounce Back Loan, which remained unpaid at liquidation. […]
Directors who misrepresented company status to secure Bounce Back Loans face bans for defrauding the scheme. […]
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