Director Ban – Page 10 – Bounce Back Loan

Alvaro Odeh Torro, Alterna Limited Director, Banned for 4 Years for Endangering Tenants and Failing to Pay Fines After Securing £100,000 CBILS Loan

Misusing Bounce Back Loans for non-business ventures has led to director bans and increased scrutiny from authorities. […]

Florin-Petrica Bodale Receives a 13-Month Suspended Sentence for Fraudulently Securing £50,000 BBL

The Insolvency Service’s crackdown on Bounce Back Loan fraud has banned directors for diverting funds to personal accounts. […]

David John Stephens, Premier Paving and Landscaping Ltd Director, Banned for 8 Years for Fraudulently Securing £50,000 HSBC Bounce Back Loan

Directors who misrepresented business activities to secure Bounce Back Loans risk bans for breaching loan conditions. […]

Insolvency Service Bans 736 Directors and Issues 87 Bankruptcy Restrictions in 2024-25 for Bounce Back Loan Fraud

The Insolvency Service intensifies its crackdown, banning 736 directors and issuing 87 bankruptcy restrictions in 2024-25 for Bounce Back Loan fraud, signalling tough enforcement. […]

Andrew Drury and Keith Mason, AK Creation Limited Directors, Banned for 10 and 9 Years Respectively for Overstating Turnover to Secure £50,000 HSBC Bounce Back Loan

Directors caught channelling Bounce Back Loans to family members face Insolvency Service bans for misuse of funds. […]

Shaharin Uddin and Zakaria Bin Munir Udeen, TMKA Security Ltd Directors, Banned for 4 and 5 Years for Misusing £37,000 Starling Bank Bounce Back Loan

The Insolvency Service has banned directors who exploited lax checks to claim Bounce Back Loans for dormant firms. […]

Thomas David Peter Dyer, LRBH Trading Limited Director, Banned for 10 Years for Fraudulently Securing £50,000 Bounce Back Loan and Not Accounting for Funds

Directors who dissolved companies to avoid Bounce Back Loan repayments face disqualification after Insolvency Service probes. […]

Amir Mohammad, S&A Food Store Ltd Director, Disqualified for 11 Years for Transferring £50,000 Bounce Back Loan to a Deceased Pakistani Property Developer

The government’s Bounce Back Loan scheme saw abuse, with directors banned for fabricating business turnover data. […]

Abigail Sara Goddard, ASG Modelling Limited Director, Banned for 7 Years for Overstating Turnover to Secure £50,000 Barclays Bounce Back Loan

Directors who ignored Bounce Back Loan terms by paying personal debts risk disqualification and financial penalties. […]

Adam Ebrahim, Director of Non-Trading Chicken Grill Cottage Ltd and Presto Delivery Ltd, Banned for 13 Years for Securing £50,000 Bounce Back Loans from Clydesdale Bank

The Insolvency Service’s investigations have led to bans for directors who misused Bounce Back Loans for unrelated ventures. […]