Director Banned for 10 Years for Securing £50,000 Bounce Back Loan for Dormant Company
BBL Blaggers
10-Year Ban for Overestimated £50k Bounce Back Loan Turnover
A director’s overestimation of turnover to secure a £50,000 Barclays Bounce Back Loan led to a 10-year ban by the Insolvency Service. Uncover this fraud’s consequences. […]
BBL Blaggers
Glasgow Director Banned for 6 Years for Unverified Bounce Back Loan Transfers
A Glasgow director faces a 6-year ban for failing to provide evidence that Bounce Back Loan funds transferred to a third party benefited the company. The lenient penalty reflects the lack of clear financial records. […]
BBL Blaggers
Director Banned for 11 Years for Falsifying Turnover and Misusing Lloyds Bank Bounce Back Loan for Personal Benefit
A director faces an 11-year ban after overstating his business turnover to secure a Lloyds Bank Bounce Back Loan and using the funds for personal benefit. […]