HSBC – Page 2 – Bounce Back Loan

Mohammad Sayedur Rahman, Director of Safekeeping Group Ltd, Agrees to 10-Year Ban for Over-Estimating Turnover to Get £50,000 HSBC Bounce Back Loan

Mohammad Sayedur Rahman, director of Safekeeping Group Ltd, accepts a 10-year ban from the 7th of Aug 2025 after investigators threatened court action, admitting to over-estimating turnover to secure a £50,000 HSBC Bounce Back Loan. […]

Romas Lucka from Lithuania, Director of Pranson Ltd, Starts 10-Year Ban for Over-Egging Turnover to Blag £50,000 HSBC Bounce Back Loan Using Sole Trader Figures

Romas Lucka from Lithuania, director of Pranson Ltd, begins a 10-year ban on August 11th 2025 for exaggerating company turnover to obtain a £50,000 HSBC Bounce Back Loan, with investigators using his sole trader income to prove the fraud. […]

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. […]

Mbekezeli Bek Mthupha Faces 7-Year Ban from Directorship Over Missing Accounting Records Which Included a Bounce Back Loan

As of today, July 8, 2025, Mbekezeli Bek Mthupha, director of Billericay Developments Limited, has been banned from holding a directorship for seven years due to his failure to provide accounting records to the liquidator. […]

Shahid Amin, Director of Engineering Project Management Ltd, Receives 11-Year Ban for Inflating Turnover to Secure £50,000 Bounce Back Loan

Shahid Amin, director of Engineering Project Management Ltd, has been banned for 11 years, effective 30 June 2025, after falsifying company turnover to obtain a £50,000 HSBC Bounce Back Loan. Amin misused most of the funds for personal gain […]

Ursachi Faces 10-Year Ban Starting June 13, 2025, for Fraudulently Securing £48,500 Bounce Back Loan from HSBC

Gheorghe Ursachi, director of Artedile Ltd from Romania, has been slapped with a decade-long directorship ban effective June 13, 2025, after fraudulently obtaining a £48,500 Bounce Back Loan from HSBC. […]

Abu Yousuf Choudhury, Director of Stourport Takeaway Ltd, Receives 10-Year Ban for Overestimating Turnover to Secure £50,000 HSBC Bounce Back Loan

Abu Yousuf Choudhury, the director of Stourport Takeaway Ltd, has been hit with a 10-year directorship ban after failing to provide evidence on how he estimated his business turnover to obtain a £50,000 Bounce Back Loan from HSBC. […]

Ashley Andrew Stockton, Director of Truth Nightclub Ltd, Faces 10-Year Ban for Fraudulently Obtaining Second Bounce Back Loan

Stockton had already obtained a loan from Clydesdale Bank (now Virgin Money) under the government-backed scheme meant to support businesses during the Covid-19 crisis. […]

London High Court Orders Spain-Based Director Joseph Harrison to Repay £38,295 for Fraudulent BBL and Imposes 12-Year Directorship Ban

Joseph Harrison, former director of South East Commercials Ltd, now residing in Spain, has been ordered by London’s High Court to repay £38,295 obtained through a second Bounce Back Loan (BBL) deemed fraudulent. The court also imposed a 12-year directorship ban, citing his exploitation of a lenient BBL lending process. […]

Waqar Naveed, Director of Naveed Builders Ltd, Faces 10-Year Directorship Ban for Misusing £50,000 HSBC Bounce Back Loan

Waqar Naveed, director of Naveed Builders Ltd from Pakistan, has been disqualified from acting as a company director for 10 years, starting 7 May 2025. […]