Iain and Alexander Kiy of Hobbies Online Limited Banned for 5 and 4 Years for Failing to Repay £50,000 Lloyds Bank Bounce Back Loan Post-CBILS
BBL Blaggers
Ummal Sultan, director of Ummal Occupational Consultancy Limited, faces an 11-year ban for overstating his company’s estimated turnover to secure a £50,000 Lloyds Bank Bounce Back Loan, transferring funds to himself, a relative, and a third party, and buying an electric scooter.
Read on for details of this case, including the Electric Scooter. […]
BBL Blaggers
10-Year Ban for Ex-Director After Barclays Winds Up Company for Loan Fraud
espite resigning, an Accrington man faces a 10-year ban after Barclays wound up his company for claiming a £250,000 turnover when it was £0 to secure a Bounce Back Loan. Read more. […]
BBL Blaggers
Director Banned for 5.5 Years for Bounce Back Loan Misuse and Company Dissolution
A director has been banned for 5.5 years for misusing a £20,000 Bounce Back Loan and dissolving the company with the loan still owing, reflecting financial mismanagement. […]