
Director Sentenced for Spending Bounce Back Loans on Jewellery

fraudster has been sentenced to 4 years and 2 months in prison for orchestrating a sophisticated scam that exploited Covid-19 business grants and fraudulently secured a £50,000 Bounce Back Loan.
Lyndsey Ali’s seven-year ban follows exaggerated turnover claims to secure a £50,000 Santander Bounce Back Loan, highlighting fraudulent misuse of funds. […]
HBarclays required a tax return for a Bounce Back Loan, not mentioned on the British Business Bank website. The Ombudsman dismissed the complaint, citing unlisted rules. […]
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