
11-Year Ban for Director Misusing £50k Barclays Loan, Taking Insolvency Route

A director faces an 11-year ban after fraudulently obtaining two Bounce Back Loans—one from Lloyds Bank and one from HSBC—for his single company, violating the scheme’s single-loan rule. […]
A Leicester barber claimed a £220,000 turnover when it was £53,751 to secure a £50,000 Barclays Bounce Back Loan, which went unpaid, leading to a 10-year ban. Read the story. […]
Jawad Khan Stanekzai, director of JKS Cars Ltd, faces a 10-year ban for exaggerating turnover to secure a Barclays Bounce Back Loan. Insolvency Practitioner Andrew Richard Bailey reported the misconduct, leading to the disqualification. […]
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