Director Ban – Page 17 – Bounce Back Loan

Exposed – Key Warning Signs (Including Real-Life Cases) Lenders Scrutinize Before Targeting Bounce Back Loan Defaulting Limited Companies for High Court Winding-Up, and the Consequences That Follow

Uncover the red flags lenders use to target defaulting Bounce Back Loan companies for High Court wind-ups, with real cases and their fallout revealed. […]

Insolvency Service Persists in Robust Campaign to Address Bounce Back Loan and Other COVID Loan Misconduct

The Insolvency Service ramps up its aggressive campaign to tackle Bounce Back Loan and other COVID loan misconduct, targeting fraudulent borrowers. […]

Shakhawath Hossain of Leominster Food Limited Banned for 11 Years for Falsifying Turnover and Misusing £50,000 Bounce Back Loan, Co-Director Banned for Immigration Fine

Shakhawath Hossain, director of Leominster Food Limited, faces an 11-year ban for over-estimating his company’s turnover to secure a £50,000 Bounce Back Loan and not using it for business purposes. […]

Mehmet Aydemir, Director of Lowermill Limited, Hit with 6-Year Ban for Over-Estimating Turnover to Secure £50,000 Bounce Back Loan from Barclays

Mehmet Aydemir, director of Lowermill Limited, faces a six-year ban after inflating his company’s turnover to obtain a £50,000 Bounce Back Loan from Barclays, misusing funds meant for business support. […]

Abid Mohammed of Right Deals 4U Ltd Banned for 10 Years for Grossly Inflating Turnover to Secure NatWest Bounce Back Loan and Top-Up

Abid Mohammed, director of Right Deals 4U Ltd, has been disqualified for 10 years after significantly exaggerating his company’s turnover to obtain a Bounce Back Loan and a top-up from NatWest. […]

Having Already Been Locked Up For Abusing the BBL Scheme Last August, Syed Hussain the Director of Magic of Spice Ltd Has Just Been Ordered to Repay £36,200 Of The Money he Blagged

Syed Hussain, previously jailed for Bounce Back Loan fraud, has been ordered to repay £36,200, marking another step in the recovery of misused funds.
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Emra Kayam, Director of Kayalar Limited, Ordered to Pay £37,460 for Misusing Bounce Back Loan

Emra Kayam, director of Kayalar Limited, has been ordered to pay £37,460 within two weeks for improperly investing £19,000 of a £35,000 Bounce Back Loan in the stock market. The court ruling reflects misuse of pandemic relief funds. […]

More Than 800 Company Directors Disqualified for Bounce Back Loan Scheme Misuse in 2023/2024, With 1,430 Banned Since 2021 and Many More Anticipated in the Coming Days, Weeks, and Months

Over 800 directors were banned in 2023/2024 for Bounce Back Loan misuse, with 1,430 disqualified since 2021 and more bans looming soon. […]

Notice to All Businesses Using Estimated Turnover to Obtain a Bounce Back Loan – Preserve Your “Computations” to Defend Against Any Defamatory Accusations From November 2025 Onward by the Government or BBL Lenders Claiming You Exaggerated Your Business Turnover

Businesses using estimated turnover for Bounce Back Loans are urged to save calculations to counter fraud accusations from November 2025 onward. […]

Accountant Banned for 12 Years for Illegally Securing Three Bounce Back Loans, Pledges £75,000 Repayment

An accountant, disqualified for 12 years in October 2023 for fraudulently obtaining three Bounce Back Loans from Capital on Tap, Santander, and NatWest, has committed to repaying £75,000 to Secretary of State Kemi Badenoch. […]