As Anticipated, Lloyds Bank Pursues High Court Winding-Up Orders for Multiple Companies, Engaging the Same Solicitors as Starling Bank – Recent Developments in the Bounce Back Loan Scheme Unravel
BBL Blaggers
Darren McGahey of Global Fitouts (North) Limited Banned for 5 Years for Failing to Repay £50,000 Lloyds Bank Bounce Back Loan Post-CBILS
Darren McGahey, director of Global Fitouts (North) Limited, faces a lenient five-year ban for not repaying a £50,000 Lloyds Bank Bounce Back Loan after securing a £175,000 Iwoca CBILS loan, as required. […]
BBL Blaggers
Victoria and Thomas Monteith Each Receive 7-Year Bans for Bounce Back Loan Misuse
Victoria and Thomas Monteith, directors of Platinum Music & Events Limited, have each been banned for 7 years after securing a £30,000 Bounce Back Loan through misrepresentation and misusing the funds. The Insolvency Service’s investigation revealed their failure to comply with loan regulations, leading to significant penalties. […]
BBL Blaggers
Director Banned for 12 Years for Fraudulently Securing £100,000 in Lloyds Bank Bounce Back Loans and £70,000 in Covid Grants
A director faces a 12-year ban after fraudulently obtaining two £50,000 Lloyds Bank Bounce Back Loans for ineligible businesses and £70,000 in Covid-related grants, claiming the funds were for website development. […]