Director Ban – Page 8 – Bounce Back Loan

Covid Commissioner Targets BBL Lenders’ Fraud Database Failures, But Reeves May Sideline Plan to Protect Housing Deals

The Covid Corruption Commissioner pushes to hold BBL lenders accountable for fraud database lapses, yet Rachel Reeves may prioritize housing and export deals over action. […]

Anthony David Cooke and Renardas Kapustas Receive 10- and 6-Year Bankruptcy Restrictions for Fraudulently Obtaining Bounce Back Loans

The government’s Bounce Back Loan scheme was exploited, with directors now banned for falsifying loan justifications. […]

Shaun Barrett the Director of Exaltra Ltd Slapped with a 9 Year Ban for Blagging a Second Bounce Back Loan for That Company, Which Should Have Been Impossible if Funding Circle Had Checked the BBL Database as Required

The Insolvency Service has banned directors who claimed Bounce Back Loans for companies with no trading activity. […]

Shaun Barrett, Exaltra Ltd Director, Banned for 9 Years for Fraudulently Securing a Second Bounce Back Loan Due to Funding Circle’s Oversight

Bounce Back Loan fraud, such as fake invoices, has led to directors facing disqualification and financial penalties. […]

Declan Kitching and Luke Wright, Associate-App Ltd Co-Directors, Banned for 6 and 9 Years for Fraudulently Obtaining £50,000 Lloyds Bounce Back Loan

Directors who used Bounce Back Loans to fund personal travel face bans for misusing taxpayer-supported funds. […]

Christopher Eugene Conwell Jr, Conwell Civil Engineering Limited Director, Banned for 9 Years for Fraudulently Securing £50,000 Bank of Ireland Bounce Back Loan

The Insolvency Service’s investigations have disqualified directors for using Bounce Back Loans to pay personal fines. […]

Pakistani Director Pleads Guilty to Fraudulently Obtaining Three Bounce Back Loans, Awaits Sentencing with Urdu Interpreter Support

Bounce Back Loan misuse has led to directors being banned for transferring funds to unverified third parties. […]

Cristi-Ionut Ilioi, Cristi’s Food Ltd Director from Romania, Banned for 10 Years for Overstating Turnover to Secure £50,000 HSBC Bounce Back Loan

Directors who falsified documents to secure Bounce Back Loans face disqualification for exploiting pandemic support. […]

William David Nixon, Will Nixon Holdings Limited Director, Banned for 10 Years for Securing an Ineligible Bounce Back Loan Due to a Group Company’s Loan

Bounce Back Loan funds used for personal debt consolidation have led to directors facing Insolvency Service bans. […]

Vitalijs Kunickins, Avsmart Fixers Ltd Director from Latvia, Banned for 10 Years for Overstating Turnover to Secure £45,000 HSBC Bounce Back Loan

The Insolvency Service’s crackdown has banned directors for using Bounce Back Loans to fund non-business activities. […]