Lucian Matei, Director of L M Mechanical Ltd, Faces 10-Year Ban for Overstating Turnover to Obtain Bounce Back Loan
BBL Blaggers
11-Year Bans for Co-Directors in £50k Bounce Back Loan Fraud
Co-directors face 11-year bans for securing a £50,000 Bounce Back Loan for a non-trading business and using it personally. Learn how their blatant fraud left the loan unpaid. […]
BBL Blaggers
10-Year Ban for Waltham Abbey Director’s Turnover Fraud
A Waltham Abbey director who inflated his company’s turnover to secure an HSBC Bounce Back Loan now faces a 10-year ban. Discover how this fraudulent tactic led to an unpaid Bounce Back Loan and severe penalties. […]
BBL Blaggers
Director Banned for 8 Years for Misusing £50,000 Bounce Back Loan on Unrelated Website
A director has been banned for 8 years for inflating turnover to secure a £50,000 Bounce Back Loan, claiming £26,000 was spent on an unrelated website. Liquidators declined to pursue further action, but the penalty reflects financial misconduct. […]