A Quick Check of the Business Accounts and Bank Accounts Leads an Insolvency Practitioner to Report a Birmingham Based Director For Over-Egging His Turnover to Get a £50k BBL from Lloyds Bank That Director Is Today Starting a 10 Year Ban
BBL Blaggers
Alexander Dino of 900 Degrees Ltd Banned for 11 Years for Misusing £100,000 in Bounce Back Loans
Alexander Dino, director of 900 Degrees Ltd, faces an 11-year ban for securing two Bounce Back Loans totaling £100,000 and transferring the funds to himself, uncovered after HMRC wound up the company. […]
BBL Blaggers
Five Sole Traders and Director Banned for Bounce Back Loan Fraud Leaving Six Loans Unpaid
Five sole traders and a company director face Bankruptcy Restrictions Orders and a disqualification for fraudulent actions that resulted in six unpaid Bounce Back Loans. The penalties highlight widespread misuse of government financial support. […]
BBL Blaggers
10-Year Ban for Director Misusing Barclays Loan After Turnover Fraud
A director who overstated turnover to secure a Barclays Bounce Back Loan, transferred it to himself and another party, and provided no proof of business benefit, faces a 10-year ban. […]