St Helens Man Receives Suspended Sentence for Concealing Bankruptcy in £25,000 Bounce Back Loan Application
BBL Abuse Punishments
Zahid Afzal Receives Suspended Sentence and Community Service for Fraudulently Securing Extra Bounce Back Loans
Zahid Afzal, a businessman operating Phone Bits Ltd and Phones Onn Ltd, has been handed a two-year suspended prison sentence and ordered to complete 300 hours of unpaid work. The penalty comes after he was found guilty of fraudulently obtaining three additional Bounce Back Loans for his companies, exploiting the government scheme designed to support businesses during the pandemic. […]
BBL Blaggers
Northolt Woman Receives 18-Month Suspended Sentence and 6-Month Curfew for Fraudulent £50,000 Bounce Back Loan
Jagoda Rubaszko, of Old Ruislip Road, Northolt, was handed an 18-month suspended prison sentence and a six-month curfew after fraudulently obtaining a £50,000 Bounce Back Loan for a fictitious business. Rubaszko attempted to deflect blame onto a nonexistent individual and transferred the funds to Poland, leading to her conviction for fraud.
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BBL Abuse Punishments
World Sprint Champion Rick Beardsell Receives Suspended Sentence for Bounce Back Loan Fraud
Rick Beardsell, a world sprint champion and Dragons’ Den entrepreneur, was sentenced to 18 months in prison, suspended for two years, for fraudulently securing two £50,000 Bounce Back Loans for Sports Creative Limited. He misused the funds to purchase a £1.3 million home, exaggerating his company’s turnover. Beardsell repaid the loans in full before sentencing. […]