
Director Banned for 6 Years for Misusing Lloyds Bank Bounce Back Loan for Personal Living Expenses

As of today, July 8, 2025, Mbekezeli Bek Mthupha, director of Billericay Developments Limited, has been banned from holding a directorship for seven years due to his failure to provide accounting records to the liquidator. […]
A company director faces a 10-year ban, approved by the Secretary of State, after exaggerating his business turnover to obtain a £40,000 Metro Bank Bounce Back Loan when eligible for only £8,000. […]
Starling and Lloyds Bank target more companies with High Court wind-ups for Bounce Back Loan fraud—check if your firm is on the growing list! […]
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