St Helens Man Receives Suspended Sentence for Concealing Bankruptcy in £25,000 Bounce Back Loan Application
BBL Abuse Punishments
World Sprint Champion Rick Beardsell Receives Suspended Sentence for Bounce Back Loan Fraud
Rick Beardsell, a world sprint champion and Dragons’ Den entrepreneur, was sentenced to 18 months in prison, suspended for two years, for fraudulently securing two £50,000 Bounce Back Loans for Sports Creative Limited. He misused the funds to purchase a £1.3 million home, exaggerating his company’s turnover. Beardsell repaid the loans in full before sentencing. […]
BBL Abuse Punishments
Peter Connelly, Tomb Raider Composer, Jailed for 16 Months Over Fraudulent Bounce Back Loan
Peter Connelly, renowned for his musical contributions to the iconic Tomb Raider video game series, has been sentenced to 16 months in prison for illegally obtaining a second Bounce Back Loan. Connelly, through his company Peter Connelly Limited […]
BBL Abuse Punishments
Zahid Afzal Receives Suspended Sentence and Community Service for Fraudulently Securing Extra Bounce Back Loans
Zahid Afzal, a businessman operating Phone Bits Ltd and Phones Onn Ltd, has been handed a two-year suspended prison sentence and ordered to complete 300 hours of unpaid work. The penalty comes after he was found guilty of fraudulently obtaining three additional Bounce Back Loans for his companies, exploiting the government scheme designed to support businesses during the pandemic. […]