
Five Directors Banned on August 18, 2023, for Collectively Securing Seven Bounce Back Loans Through Scheme Abuse

Two co-directors face 9-year bans for inflating turnover, securing a Bounce Back Loan when ineligible, and misusing funds, leaving a £17,500 loan unpaid at liquidation. […]
Three directors face lengthy bans for misusing £120,000 in Bounce Back Loans from NatWest, Barclays, and Santander, leaving them unpaid after company insolvencies. […]
Barclays reverses a customer’s PAYG option and closes his account for missing payments; the Ombudsman offers £150 but won’t reinstate the loan. […]
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