HSBC – Bounce Back Loan

Sami Mahfouz, Director of Glut Ltd, Begins 11-Year Ban for Obtaining a £50,000 Second Bounce Back Loan

Sami Mahfouz, director of Glut Ltd, has been banned for 11 years starting today after fraudulently securing a second £50,000 Bounce Back Loan (BBL) despite being eligible for only one. The liquidator reported that Mahfouz failed to clarify the destination of the funds, and the company’s accountant provided no assistance in tracing the money, complicating efforts to resolve the possible misuse of the loan. […]

David and Charlemagne McLoughlin, Directors of OCD Ventures Ltd, Receive 7-Year Bans for Misrepresenting Turnover to Secure £50,000 HSBC Bounce Back Loan

David and Charlemagne McLoughlin, directors of OCD Ventures Ltd, have been disqualified from acting as company directors for seven years following their failure to justify the estimated turnover figures used to obtain a £50,000 HSBC Bounce Back Loan. […]

REATCH Ltd Director Matt Bown Accepts 9-Year Ban for Inflated Turnover Claims and BBL Misuse

Matt Bown, director of REATCH Ltd, has agreed to a 9-year directorship ban to avoid court after exaggerating his company’s turnover to secure an HSBC Bounce Back Loan and top-up. He also misused the funds, breaching loan terms designed to aid businesses during tough times. […]

Nadira Yasmin Jilani of Focus CCTV Limited Starts 8-Year Ban for Misrepresenting Turnover to Secure Bounce Back Loan

Nadira Yasmin Jilani of Focus CCTV Limited begins an 8-year director ban for inflating Focus CCTV Limited’s turnover to secure a £50,000 HSBC BBL, then using it for personal debts and connected parties […]

8-Year Ban for Nadira Yasmin Jilani Director of Focus CCTV Limited Who Misused £50,000 Bounce Back Loan for Personal Debts

Nadira Yasmin Jilani, director of Focus CCTV Limited, has been banned for eight years after exaggerating her company’s turnover to secure a £50,000 HSBC Bounce Back Loan. She used the funds to pay off personal credit cards and sent money to a connected party, breaching the loan scheme’s rules. […]

David John Smith, Director of Lasersure Limited, Begins a 10-Year Ban on September 4, 2025, for Inflating His Company’s Turnover by More Than 16 Times to Obtain a £50,000 HSBC Bounce Back Loan

David John Smith starts a 10-year ban today for inflating Lasersure Limited’s turnover by a staggering 16-fold to blag £50,000 from HSBC’s BBL pot. […]

Shazad Iqbal, Director of Swift Garments Ltd, Starts a 9-Year Ban on September 3, 2025, for Exaggerating That Company’s Turnover to Secure a £50,000 HSBC Bounce Back Loan

Shazad Iqbal launches into a nine-year ban as of today, following his admission of boosting Swift Garments Ltd’s turnover figures to secure an ineligible £50,000 HSBC BBL. […]

Romone Bellinfantie, Director of Gourmet Cheese Toasties Limited, Hit with an 11-Year Ban for Fraudulently Obtaining and Misusing a £50,000 HSBC Bounce Back Loan

Romone Bellinfantie gets an 11-year slap on the wrist today for snagging and squandering a £50,000 HSBC BBL at Gourmet Cheese Toasties Limited, as liquidators failed to drum up interest from fraud hunters. […]

Muhammad Khan, Director of Hastah Trading and Business Services Ltd, Starts 11-Year Ban for Blagging and Misusing £50,000 HSBC Bounce Back Loan After False Turnover Claim

Muhammad Khan, director of Hastah Trading and Business Services Ltd, begins an 11-year ban on the 20th of Aug 2025 for fraudulently obtaining a £50,000 HSBC Bounce Back Loan by claiming £200,000 turnover despite submitting dormant accounts, and then misusing the funds. […]

Shirina Parvin Uddin Choudhury, Director of Suwad Limited from Bangladesh, Gets 8-Year Ban for Over-Egging Turnover to Blag £50,000 HSBC Bounce Back Loan

Shirina Parvin Uddin Choudhury, director of Suwad Limited from Bangladesh, has been issued an 8-year ban for inflating her company’s turnover to secure a £50,000 HSBC Bounce Back Loan through deception. […]