
Director Banned for 10 Years for Overstating Turnover to Secure £25,000 Santander Bounce Back Loan, Recovery Abandoned

Karol Wychowaniec, director of Bifinor Limited and Lovely Kids Limited, has been hit with an 11-year directorship ban starting this Bank Holiday Monday. The ban follows his failure to account for £50,000 Bounce Back Loans from Metro Bank and Lloyds, secured for each company.
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A Glasgow director has been banned for 7 years for Bounce Back Loan abuse and awaits a decision on potential criminal charges for breaching the Companies Act 2006, reflecting serious misconduct. […]
Mohammed Saifur Rahman, director of Ecotronik Ltd, has been banned for five years after investing his company’s £25,000 NatWest Bounce Back Loan in cryptocurrency, losing most of the funds. […]
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