Director Banned for 12 Years for Bounce Back Loan Fraud and Company Dissolution
BBL Blaggers
Ahamad Muzafar, Director of CFC Foods Limited, Faces 10-Year Ban for Overstating Turnover and Transferring Santander Bounce Back Loan Funds
Ahamad Muzafar’s 10-year ban stems from inflating turnover to secure a Santander Bounce Back Loan, then transferring most funds to himself, neglecting business needs. […]
BBL Blaggers
6-Year Ban for Sevenoaks Director Failing to Repay £50k Barclays Loan
A Sevenoaks director who didn’t repay a £50,000 Barclays Bounce Back Loan after securing a £125,000 CBILs loan, as required, faces a 6-year ban. Explore this rule violation. […]
BBL Blaggers
11-Year Ban for Director’s Dual Lloyds and NatWest BBL Fraud
Securing two BBLs from Lloyds and NatWest for one business led to an 11-year ban for this director. Dive into the liquidation that revealed this double-loan scam. […]