
Rye Director Banned for 5 Years for Illegally Securing Two Lloyds Bank Bounce Back Loans, Receives Lenient Penalty

A company director has been disqualified for six years after using a £50,000 Lloyds Bank Bounce Back Loan for personal benefit, rather than for the economic benefit of the business. […]
HSBC’s security lapses in the Bounce Back Loan scheme spark lender outrage, with allegations of jobs offered to insiders to dodge penalties. […]
The Insolvency Service has pursued directors for using Bounce Back Loans to fund personal lifestyles. […]
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