
Director Sentenced for Misusing Bounce Back Loans on Holidays

Fazilhaq Baig, director of Pizza Hot Ltd, faces a nine-year ban for exaggerating turnover to secure a £50,000 Barclays Bounce Back Loan and transferring it to himself. The disqualification highlights financial misconduct. […]
The Insolvency Service’s focus on Bounce Back Loan abuse has disqualified directors for diverting funds to offshore accounts.
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A fried chicken business owner who inflated turnover to secure a £50,000 HSBC Bounce Back Loan, only to leave it unpaid at liquidation, now faces an 11-year ban. Uncover the details of this familiar scam. […]
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