
Director Banned for 5 Years for Misusing £10,000 Lloyds Bank Bounce Back Loan and Harming Creditors

A Wrexham-based company director has been disqualified for 11 years after falsely claiming a £130,000 business turnover to obtain a £30,000 Bounce Back Loan. The director admitted to fabricating the figure without explanation, leading to severe penalties for misleading financial declarations. […]
A Plymouth director who used dormant accounts to secure a £50,000 Barclays Bounce Back Loan settled for £18,000 after a liquidator eyed his properties, facing an 11-year ban. Read more. […]
Directors who used Bounce Back Loans to fund unrelated businesses face disqualification for violating scheme rules. […]
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