
Director Banned for 11 Years for Overstating Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan and Misusing £40,000

A director who secured two HSBC Bounce Back Loans—one for a dormant company, another by inflating turnover—faces an 8-year ban for misusing funds on a car and personal transfers. Learn how this scam unfolded. […]
A Manchester director who inflated turnover to blag a £50,000 HSBC Bounce Back Loan, leaving £49,000 unpaid at liquidation, now faces a 10-year ban. Dive into the details of this costly scam. […]
Directors using Bounce Back Loans for non-business purposes face disqualification and potential criminal charges. […]
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