Petar Yordanov Michev of Cambridge Banned for 9 Years for Bounce Back Loan Fraud
BBL Blaggers
Directors Banned for Misusing Barclays Loans, One Transferred £14k to Family
Two directors face bans: one for transferring £14,000 from a Barclays Bounce Back Loan to a family member, and another for inflating turnover to secure a loan. Explore their misconduct. […]
BBL Blaggers
Ummal Sultan, director of Ummal Occupational Consultancy Limited, faces an 11-year ban for overstating his company’s estimated turnover to secure a £50,000 Lloyds Bank Bounce Back Loan, transferring funds to himself, a relative, and a third party, and buying an electric scooter.
Read on for details of this case, including the Electric Scooter. […]
BBL Blaggers
Ashley Andrew Stockton, Director of Truth Nightclub Ltd, Faces 10-Year Ban for Fraudulently Obtaining Second Bounce Back Loan
Stockton had already obtained a loan from Clydesdale Bank (now Virgin Money) under the government-backed scheme meant to support businesses during the Covid-19 crisis. […]