Philip Mark Cannon, PC Samba Ltd Director, Banned for 11 Years from July 18, 2025 for Blagging and Misusing a Bounce Back Loan
BBL Blaggers
9-Year Ban for Director’s Post-Cutoff Bounce Back Loan Fraud
A director who obtained a Bounce Back Loan for a non-trading company incorporated after the scheme’s cutoff date, leaving it unpaid, now faces a 9-year ban. Uncover how HSBC missed this ineligible application. […]
BBL Blaggers
9-Year Ban for Director’s £37.5k Bounce Back Loan Fraud
A director who exaggerated turnover to secure a £37,500 Bounce Back Loan—when entitled to just £8,800—faces a 9-year ban after using most of it for personal benefit. Discover how HSBC is recovering the funds. […]
BBL Blaggers
7-Year Ban for Director Misusing £37.1k of Barclays Loan, Buys Back Assets
A director who misused £37,100 of a £50,000 Barclays Bounce Back Loan and bought back undeclared assets for £400 faces a 7-year ban. Learn about this case of partial recovery. […]