
Shazad Iqbal, Director of Swift Garments Ltd, Starts a 9-Year Ban on September 3, 2025, for Exaggerating That Company’s Turnover to Secure a £50,000 HSBC Bounce Back Loan

A Willenhall-based company director has been disqualified for 10 years after exaggerating his business turnover to obtain a £50,000 Bounce Back Loan from NatWest. […]
Directors who falsified turnover to secure Bounce Back Loans face bans for exploiting the scheme’s rapid rollout. […]
Co-directors have been disqualified after scamming the Bounce Back Loan scheme by obtaining two loans—one from HSBC and one from Metro Bank—for their company, despite rules allowing only one. […]
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