
Director Banned for 5 Years for Misrepresenting Turnover to Secure £50,000 Santander Bounce Back Loan

Misusing Bounce Back Loans for personal extravagances has led to directors facing penalties. […]
The Insolvency Service’s investigations have disqualified directors for neglecting Bounce Back Loan repayment obligations. […]
Barclays wound up a company in the High Court whose co-directors claimed a £225,000 turnover when it was £0 to secure a £50,000 Bounce Back Loan, leading to 9 and 10-year bans. Read more […]
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