Director Banned for 6 Years for Misusing Two-Thirds of HSBC Bounce Back Loan and Leaving It Unpaid at Insolvency
BBL Blaggers
Mohammed Iftikhar, Spicy Pizza Idle Limited Director, Faces 10-Year Ban for Blagging a Bounce Back Loan
Mohammed Iftikhar, director of Spicy Pizza Idle Limited, begins a 10-year ban today, July 8, 2025, after falsely reporting a £250,000 turnover to secure a £50,000 Bounce Back Loan from Lloyds Bank. Investigations revealed his actual turnover was £0, and he failed to account for the loan funds’ whereabouts, leading to the disqualification. […]
BBL Blaggers
9-Year Ban for Director Misusing £20k Barclays Loan for Non-Trading Firm
Dormant accounts revealed a director secured a £20,000 Barclays Bounce Back Loan for a non-trading company, resulting in a 9-year ban starting today. Learn about this ineligibility. […]
BBL Blaggers
11-Year Ban for Wembley Director’s £50k Turnover Fraud
A Wembley director who claimed a £50,000 HSBC Bounce Back Loan with zero turnover, then transferred £31,350 to a family member, faces an 11-year ban. Uncover the details of this bold financial scam. […]