Barnet Director Begins 9-Year Ban for Misrepresenting Turnover to Secure £30,000 Barclays Bounce Back Loan
BBL Blaggers
Kelly Best of Harlow MOT Centre Ltd Banned for 11 Years for Fraudulent £34,000 Bounce Back Loan
Kelly Best, director of Harlow MOT Centre Ltd, has been banned for 11 years for securing a £34,000 Bounce Back Loan by inflating turnover, when only entitled to £7,163. The significant misrepresentation resulted in a lengthy disqualification. […]
BBL Blaggers
Ciprian Prodan Banned for 10 Years After Inflating Turnover for HSBC Bounce Back Loan
Ciprian Constantin Prodan, director of Sash-Design Limited, received a 10-year directorship ban for overstating his company’s turnover to secure a £50,000 HSBC Bounce Back Loan. Having relocated to Romania, Prodan’s actions were deemed fraudulent by the Insolvency Service, highlighting misuse of the government-backed loan scheme. […]
BBL Blaggers
Ionut Adrian Lespezanu, Director of Universal Drylining Ltd, Begins 6-Year Ban for Transferring Bounce Back Loan to Himself
The Insolvency Service has pursued directors for using Bounce Back Loans to fund personal lifestyles. […]