
Karolis Stankevicius, Director of Karbar Services Ltd, Banned for 9 Years for Overstating Zero Turnover to Secure £50,000 Santander Bounce Back Loan

An 11-year ban was issued to a director who overstated income to secure a Santander Bounce Back Loan, with no evidence the funds supported the company’s operations. […]
Read on for both an overview of this case and what the Liquidator had to say. […]
Gary William Spence, director of GWS Property Solutions, faces a 9-year ban for inflating turnover to secure a £50,000 Bounce Back Loan, uncovered after a creditor wound up the company, prompting regulatory action. […]
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