
Director Banned 3.5 Years for Bounce Back Loan Default and HMRC Debt

The government’s crackdown on Bounce Back Loan fraud has banned directors for falsifying business viability claims. […]
A director faces a 10-year ban after an insolvency practitioner reported him for exaggerating his business turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan, which went unpaid, triggering a government guarantee claim. […]
Imran Mushtaq, director of IZ Business Consultants, received a 20-month suspended sentence and 120 hours of unpaid work for fraudulently obtaining two £50,000 Bounce Back Loans. […]
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