Ayaz Shaukat, Director of Bae-By Ltd, Begins 8-Year Ban for Claiming £220,000 Turnover to Secure £50,000 Barclays Bounce Back Loan for Non-Trading Company
BBL Blaggers
11-Year Ban for Tower Hamlets Director Misusing Barclays Loan, No Pursuit
A Tower Hamlets director who overstated turnover for a Barclays Bounce Back Loan, transferred it to himself, and bought a car faces an 11-year ban, with pursuit deemed uneconomical. […]
BBL Blaggers
Two Directors Banned for 10 and 11 Years for Inflating Turnover to Secure Bounce Back Loans
Two company directors face 10- and 11-year bans for exaggerating business turnover to obtain Bounce Back Loans, highlighting the Insolvency Service’s crackdown on fraudulent use of government financial support. […]
BBL Blaggers
Director Banned for 10 Years and Settles for £10,000 After Securing £50,000 Metro Bank Bounce Back Loan for Non-Trading Company
A female director faces a 10-year ban and a £10,000 settlement after fraudulently obtaining a £50,000 Metro Bank Bounce Back Loan for a company with zero turnover that never traded. […]