
11-Year Directorship Ban for Liquidating Two Companies with Misused Bounce Back Loans

Co-directors misused a NatWest Bounce Back Loan to purchase cars not listed as company assets, leading to 6-year bans. Discover how this lavish spending was exposed. […]
Directors caught transferring Bounce Back Loans to family members face Insolvency Service bans for misuse. […]
Karol Wychowaniec, director of Bifinor Limited and Lovely Kids Limited, has been hit with an 11-year directorship ban starting this Bank Holiday Monday. The ban follows his failure to account for £50,000 Bounce Back Loans from Metro Bank and Lloyds, secured for each company.
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