Director Banned for 10 Years for Bounce Back Loan Fraud Across Two Companies
BBL Blaggers
Costel Adrian Niculcea, NCA Carpentry Ltd Director from Romania, Faces 9-Year Ban for Exaggerating Turnover to Obtain £44,000 Barclays Bounce Back Loan
The Insolvency Service has disqualified directors for using Bounce Back Loans to fund personal expenses, undermining the scheme’s purpose. […]
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Tahira Riffat of TRZ Limited Banned for 9 Years for Falsely Claiming £250,000 Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan and Top-Up
Tahira Riffat, director of TRZ Limited, faces a nine-year ban after claiming a £250,000 turnover, when it was £103,325, to secure a £45,000 Lloyds Bank Bounce Back Loan and a £5,000 top-up. […]
BBL Blaggers
4-Year Ban for Director’s Personal Bounce Back Loan Diversion
A director who transferred an HSBC Bounce Back Loan to himself instead of using it for his business has received a lenient 4-year ban. Find out why this penalty was lighter than others. […]