
Director Banned for 5 Years for Bounce Back Loan Misuse

A director faces a 6.5-year ban after massively exaggerating his business turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan, which he failed to repay before liquidating the company. […]
Three sole traders have been issued 7- to 11-year Bankruptcy Restrictions Orders for fraudulently securing Bounce Back Loans, often through inflated turnover claims, reflecting widespread abuse of the loan scheme. […]
Daniel Crochet, director of multiple companies, has been banned for 11 years for allowing a co-director to secure Barclays Bounce Back Loans for Xtreme CSC Limited, Xtreme CSC Training Academy Ltd, and 3d Fitness Limited. The ban reflects serious misconduct. […]
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