Sami Mahfouz, Director of Glut Ltd, Begins 11-Year Ban for Obtaining a £50,000 Second Bounce Back Loan
Special Reports
Notice to All Businesses Using Estimated Turnover to Obtain a Bounce Back Loan – Preserve Your “Computations” to Defend Against Any Defamatory Accusations From November 2025 Onward by the Government or BBL Lenders Claiming You Exaggerated Your Business Turnover
Businesses using estimated turnover for Bounce Back Loans are urged to save calculations to counter fraud accusations from November 2025 onward. […]
BBL Blaggers
9-Year Ban for Nahar Director’s £50k Turnover Fraud
Somir Ali, director of Nahar 1 Ltd, who overstated turnover to blag a £50,000 HSBC Bounce Back Loan, faces a 9-year ban. Find out how this fraud led to liquidation losses. […]
BBL Blaggers
Marcel Viorel Ion, Director of Mavion Group Limited, Banned for 10 Years for Misrepresenting Turnover and Misusing £50,000 Barclays Bounce Back Loan
Marcel Viorel Ion, director of Mavion Group Limited, has been disqualified for 10 years for inflating turnover to secure a £50,000 Barclays Bounce Back Loan and failing to explain its use. The ban reflects serious financial misconduct. […]