
Michael John Smith of Strapzie Limited Banned for 10 Years for Falsifying Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan for Dormant Company

A Newham director faces a nine-year ban after exaggerating his business turnover by nearly 1.5 times to obtain a £50,000 Metro Bank Bounce Back Loan, repaying just £4,447. […]
Bounce Back Loan misuse, such as funding personal property purchases, has led to directors facing Insolvency Service bans. […]
Nasar Hussain’s fried, banned 9 years for nabbing a £50k TSB loan for Papas Chicken and only coughing up 10 instalments. Uncover his cheeky exit! […]
Copyright © 2025 | Bounce Back Loan | Privacy Policy | Terms and Conditions | About Us