
Director Banned for 6 Years for Failing to Account for £48,900 Metro Bank Bounce Back Loan, Exposed by Insolvency

Muhammad Nisar’s 10-year ban stems from fraudulently securing a £50,000 Bounce Back Loan, misusing funds meant for business support. […]
Karol Wychowaniec, director of Bifinor Limited and Lovely Kids Limited, has been hit with an 11-year directorship ban starting this Bank Holiday Monday. The ban follows his failure to account for £50,000 Bounce Back Loans from Metro Bank and Lloyds, secured for each company.
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A company director has been banned for seven years for failing to provide accounting records, leaving liquidators unable to determine the legitimacy or use of a £50,000 Bounce Back Loan. The lack of transparency resulted in a significant penalty. […]
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