9-Year Ban for Construction Director’s £50k Bounce Back Loan Fraud
BBL Blaggers
Mihai Badea of Blue UK Services Limited Banned for 8 Years for Falsifying Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan
Mihai Badea, director of Blue UK Services Limited, faces an eight-year ban after overstating his company’s turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan. […]
BBL Blaggers
10-Year Ban for Hackney Director After Barclays Winds Up Company for Loan Fraud
Barclays secured a High Court winding-up against a Hackney-based company whose director misused a Bounce Back Loan, leading to a 10-year ban. Learn about this legal action. […]
BBL Abuse Punishments
Shohid Ahmed Jailed for Two Years Over Fraudulent Bounce Back Loans, After Attempting to Shift Blame to Wife and Tenant
Shohid Ahmed, a 40-year-old businessman, has been sentenced to two years in prison for fraudulently obtaining Bounce Back Loans from Santander and Starling Bank. Ahmed deceitfully secured funds meant to support businesses during the COVID-19 pandemic, later attempting to deflect responsibility onto his wife and tenant.
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