
Director Receives 11-Year Ban for Misjudging Turnover Period to Secure £48,000 Santander Bounce Back Loan

A director has been banned for 11 years for exaggerating turnover to secure a £50,000 Santander Bounce Back Loan, which was unpaid at creditors’ voluntary liquidation. The disqualification reflects misuse of pandemic relief funds. […]
Three sole traders have been given Bankruptcy Restrictions Orders for various Bounce Back Loan misuses totalling £125,250, including inflating turnover, gambling, and personal use. These BRO’s highlight widespread abuse of the government-backed scheme. […]
A Birmingham director faces an 11-year ban after overstating his company’s turnover to secure a £50,000 Lloyds Bank Bounce Back Loan, withdrawing cash, and sending funds to third parties. […]
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