Government Set to Tackle Directors Who Have Inappropriately Wound-Up Companies That Have Benefited From Bounce Back Loans
BBL Blaggers
13-Year Ban for Farms Director’s £50k Non-Trading Bounce Back Loan Fraud
Ellie McClelland, director of EM Farms, who blagged a £50,000 Co-Operative Bank Bounce Back Loan for a non-trading company, misused funds, and didn’t cooperate, faces a 13-year ban. Uncover this hefty penalty. […]
BBL Blaggers
Sean Ronnan Banned for 6 Years Over £50,000 Bounce Back Loan Misuse
Sean Ronnan, director of Western Isles Insulation Ltd, has been handed a six-year directorship ban for improperly securing a £50,000 Bounce Back Loan. The relatively lenient penalty reflects his misuse of the loan scheme, underscoring authorities’ commitment to addressing fraudulent claims while balancing individual circumstances. […]
BBL Blaggers
Swindon Director Begins 10-Year Ban for Misrepresenting Turnover to Secure £50,000 Barclays Bounce Back Loan
A Swindon director faces a 10-year ban, for falsely claiming a company turnover of £210,000, when it was £14,070, to secure a £50,000 Barclays Bounce Back Loan. The misrepresentation was uncovered during an investigation into financial misconduct. […]