Director Banned for 7 Years and Pays £60,000 After Overstating Turnover to Secure Metro Bank Bounce Back Loan
BBL Blaggers
Director Banned for 6 Years for Using £25,000 Santander Bounce Back Loan to Repay Personal Loans
A director has been banned for six years for securing a £25,000 Santander Bounce Back Loan during lockdown and using it to repay personal loans. The disqualification highlights misuse of funds intended for business support. […]
BBL Blaggers
Director Banned for 10 Years for Overstating Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan, Prompting Guarantee Claim
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. […]
BBL Blaggers
11-Year Ban for Cornwall Director Misusing £50k Barclays Loan on Credit Cards
A Cornwall director who used a £50,000 Barclays Bounce Back Loan to pay personal credit cards and couldn’t justify his turnover estimate faces an 11-year ban. Dive into this case. […]