The Consequences of Director Disqualification Under the 1986 CDDA or Accepted Disqualification Undertakings for BBL Wrongdoing
BBL Abuse Punishments
Detailed Guide to Bankruptcy and Debt Relief Restrictions for Sole Traders and Individuals, Including Bounce Back Loan Scheme Abuses
Learn about bankruptcy and debt relief restrictions for sole traders, with a focus on penalties for BBL misuse. Our guide has you covered. […]
BBL Abuse Punishments
Insolvency Service Persists in Robust Campaign to Address Bounce Back Loan and Other COVID Loan Misconduct
The Insolvency Service ramps up its aggressive campaign to tackle Bounce Back Loan and other COVID loan misconduct, targeting fraudulent borrowers. […]
BBL Abuse Punishments
Zahid Afzal Receives Suspended Sentence and Community Service for Fraudulently Securing Extra Bounce Back Loans
Zahid Afzal, a businessman operating Phone Bits Ltd and Phones Onn Ltd, has been handed a two-year suspended prison sentence and ordered to complete 300 hours of unpaid work. The penalty comes after he was found guilty of fraudulently obtaining three additional Bounce Back Loans for his companies, exploiting the government scheme designed to support businesses during the pandemic. […]