Director Ban – Page 7 – Bounce Back Loan

Maria Grigaci Faces 10-Year Ban for Bounce Back Loan Misuse

Maria Grigaci, director of GVM Constructions Ltd, has been banned for 10 years after overestimating her company’s turnover to secure a £50,000 Lloyds Bank Bounce Back Loan and misusing the funds. The Insolvency Service, during its rigorous enforcement phase, deemed her actions a breach of the loan scheme’s regulations. […]

Edward Lawrence Banned for 10 Years Over Barclays Bounce Back Loan Blag

Edward Lawrence, director of LMK Transport Limited, has been banned from directorship for 10 years after inflating his company’s turnover to secure a £50,000 Barclays Bounce Back Loan. The Insolvency Service determined that his actions were a deliberate breach of the loan scheme’s rules, resulting in severe consequences. […]

Victoria and Thomas Monteith Each Receive 7-Year Bans for Bounce Back Loan Misuse

Victoria and Thomas Monteith, directors of Platinum Music & Events Limited, have each been banned for 7 years after securing a £30,000 Bounce Back Loan through misrepresentation and misusing the funds. The Insolvency Service’s investigation revealed their failure to comply with loan regulations, leading to significant penalties. […]

Mohamed Aly Ibrahim Mansour Banned for 8 Years Over Lloyds Bounce Back Loan Misrepresentation

Mohamed Aly Ibrahim Mansour Abd El Rasoul, director of I Eat Limited, has been banned from directorship for 8 years after exaggerating his company’s turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan. The Insolvency Service ruled that his actions constituted deliberate misuse of the loan scheme. […]

Ciprian Prodan Banned for 10 Years After Inflating Turnover for HSBC Bounce Back Loan

Ciprian Constantin Prodan, director of Sash-Design Limited, received a 10-year directorship ban for overstating his company’s turnover to secure a £50,000 HSBC Bounce Back Loan. Having relocated to Romania, Prodan’s actions were deemed fraudulent by the Insolvency Service, highlighting misuse of the government-backed loan scheme. […]

Baktash Attaie Receives 11-Year Directorship Ban for Blagging Bounce Back Loans

Baktash Attaie, director of Kaash Limited and Asiatic Texture Limited, has been banned from directorship for 11 years after fraudulently obtaining Bounce Back Loans from Metro Bank for both companies. The Insolvency Service found he misrepresented financial details to secure the loans, breaching regulations and undermining the scheme’s integrity. […]

Philip Mark Cannon, PC Samba Ltd Director, Banned for 11 Years from July 18, 2025 for Blagging and Misusing a Bounce Back Loan

Philip Mark Cannon, director of PC Samba Ltd, has been disqualified from holding a directorship for 11 years, effective today, July 18, 2025. The ban follows his admission of inflating the company’s turnover to secure a £50,000 Bounce Back Loan, with approximately half of the funds subsequently used as a deposit for a house purchase. […]

Asim Mahmood, Director of Gulzar Trade Limited, Banned for 11 Years Starting July 15, 2025, for Blagging and Misusing £50,000 Barclays Bounce Back Loan

Asim Mahmood, director of Gulzar Trade Limited, has been banned from acting as a company director for 11 years, effective July 15, 2025, after fraudulently obtaining a £50,000 Barclays Bounce Back Loan. When questioned about the funds, Mahmood admitted to withdrawing the money for personal use, leading to the lengthy ban for breaching director duties and misusing government-backed financial support intended for business recovery. […]

Syed Aktarul Alom, Lux Car Rental Ltd Director, Begins 10-Year Ban on July 14, 2025, for Inflating Turnover to Secure £50,000 Barclays Bounce Back Loan

Syed Aktarul Alom, director of Lux Car Rental Ltd, has been handed a 10-year directorship ban starting July 14, 2025, after falsifying his company’s turnover to obtain a £50,000 Barclays Bounce Back Loan. […]

Amir Mohammad, Director of S&A Food Store Ltd, Banned for 11 Years After Fraudulently Securing £50,000 Bounce Back Loan

Amir Mohammad, also known as Mohammad Amir Mohammad, has been banned from acting as a company director for 11 years after falsely inflating S&A Food Store Ltd’s turnover to secure a £50,000 Bounce Back Loan from Virgin Money. […]