
Innes Scot Gibson MacDonald of The Boathouse Carr Mill Dam Limited Banned for 9 Years for Securing Lloyds Bank Bounce Back Loan for Ineligible Business

Directors who diverted Bounce Back Loans to non-business accounts face Insolvency Service bans and penalties. […]
A director has been disqualified for 11 years after exaggerating his company’s turnover by over £150,000 to obtain a £50,000 Lloyds Bank Bounce Back Loan, which remained unpaid at liquidation. […]
By exaggerating turnover to secure a £50,000 Barclays Bounce Back Loan and transferring it to himself, a director left it unpaid, resulting in an 11-year ban. Explore this case. […]
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