Director Ban – Page 21 – Bounce Back Loan

Mohamed Hamza, Car Wash Owner, Faces 5-Year Ban for Bounce Back Loan Fraud and Evading £20,000 Home Office Fine, Leaving Taxpayers to Cover £15,000 Loan

Bounce Back Loan funds used for personal recovery have led to directors facing disqualification. […]

Ellie Louise Cooper, Director of E L Co (London) Ltd, Receives 11-Year Ban for Overstating Turnover and Misusing £50,000 Lloyds Bank Bounce Back Loan

The Insolvency Service’s crackdown has banned directors for unauthorized Bounce Back Loan use. […]

Ntomfuthi Princess Folorunsho, Director of NP Bespoke Ltd, Starts 9-Year Ban for Inflating Turnover by Over 6 Times to Secure £50,000 Barclays Bounce Back Loan

The Insolvency Service’s efforts have banned directors for channelling Bounce Back Loans to unrelated parties. […]

Ndidiamaka Theresa Anolue, Director of D-Amaka Global Ltd, Receives 6-Year Ban for Transferring £40,000 from Bounce Back Loan to Dormant Company

The Bounce Back Loan scheme’s flaws enabled fraud, with directors banned for false submissions.
[…]

Kerri-Ann Hudson, Director of Body Talk For Ladies Fitness And Nutrition Limited, Starts 10-Year Ban for Overstating Turnover to Secure £50,000 HSBC Bounce Back Loan

The Insolvency Service has banned directors who claimed loans for non-functional companies. […]

Aram Jabar, Express Hand Car Wash Director, Faces 10-Year Ban for Bounce Back Loan Fraud and Evading £30,000 Home Office Fine, Leaving Taxpayers to Cover £17,000 Loan

Directors who dissolved firms to evade Bounce Back Loan repayments face Insolvency Service action. […]

Christoforos Panagopoulos, Director of Zante MK Building Construction Limited, Starts 10-Year Ban for Overstating Turnover and Transferring £50,000 Starling Bank Bounce Back Loan to Himself

The government’s Bounce Back Loan scheme was exploited, with directors banned for false records. […]

Ilhan Kekec Ordered to Repay Bounce Back Loan with Interest or Face Additional 18-Month Prison Term

The Insolvency Service’s investigations have banned directors for misusing Bounce Back Loans for non-business ends. […]

10-Year Ban for Imbusi Director’s £50k Turnover Fraud

Ioan Alin Marcu, director of Imbusi Ltd, who overstated turnover to secure a £50,000 HSBC Bounce Back Loan, faces a 10-year ban. Explore how this financial deception led to government crackdowns. […]

Director Sentenced for Misusing Bounce Back Loans on Holidays

Muhammadh Chaudhry received a two-year suspended sentence for fraudulently obtaining two Bounce Back Loans for a non-trading company, spending funds on holidays in Pakistan. […]