
Director Banned for 10 Years and Settles for £10,000 After Securing £50,000 Metro Bank Bounce Back Loan for Non-Trading Company

Two sole traders face Bankruptcy Restrictions Orders for failing to repay a Bounce Back Loan after securing a CBILS loan and for inflating turnover, violating the terms of government financial schemes. […]
Pinky Lard, director of Hair About Ltd, has been banned for nine years for exaggerating turnover to secure a £50,000 Barclays Bounce Back Loan. The ban reflects misuse of government-backed financial support. […]
Bounce Back Loan misuse, such as funding personal lifestyles, has led to directors facing Insolvency Service action. […]
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