Emal Masood, Director of Emal Safi Limited, Starts 10-Year Ban for Overstating Turnover to Secure £50,000 Barclays Bounce Back Loan
BBL Blaggers
Director Banned for 11 Years After Creditor Secure Winding Up Order Which Uncovers Fraudulent £50,000 Bounce Back Loan
A director has been banned for 11 years after a creditor’s winding-up order revealed the director inflated turnover to secure a £50,000 Bounce Back Loan. The fraudulent application led to significant regulatory consequences. […]
BBL Blaggers
Insolvency Service Clarifies Turnover Estimation Limits for Bounce Back Loans
The Insolvency Service has ruled that turnover estimates for Bounce Back Loans must not exceed 25% above actual figures, as seen in a case resulting in an 11-year director ban. […]
BBL Blaggers
William Vickery, Director of Vickery Associates Limited, Banned for 11 Years for Securing Two Bounce Back Loans
William Vickery’s 11-year ban follows securing two Bounce Back Loans for his company, violating scheme rules and misusing government-backed funds. […]