Director Banned for 5 Years for Misusing £18,000 Lloyds Bank Bounce Back Loan for Personal Benefit, Including Motorbike Purchase
BBL Blaggers
Mohamed El Hadi Bey, Director of 24/7 Facilities Management Service Limited, Begins 10-Year Ban for Overstating Turnover to Secure £49,800 Metro Bank Bounce Back Loan
Directors who dissolved companies to avoid Bounce Back Loan repayments face Insolvency Service bans. […]
BBL Complaints Dismissed
Lloyds Bounce Back Loan Application Complaint Dismissed by Ombudsman
A Lloyds Bounce Back Loan application complaint reached Ombudsman Jenny Lomax. The Ombudsman dismissed it, upholding the bank’s decision based on scheme rules. […]
BBL Blaggers
Bolton Director Banned for 11 Years for Falsifying Turnover to Secure £25,000 Lloyds Bank Bounce Back Loan and Misusing Funds
A Bolton director faces an 11-year ban after overstating his business turnover to obtain a £25,000 Lloyds Bank Bounce Back Loan and failing to use the funds for business purposes. The misuse, uncovered during an investigation, led to a severe disqualification. […]