Lloyds – Page 7 – Bounce Back Loan

Henry Smith, Director of H Smith Furniture Supplies Ltd, Receives 9-Year Ban for Failing to Justify Turnover Estimate Used to Secure £50,000 Lloyds Bank Bounce Back Loan

Directors who used Bounce Back Loans to pay personal bills face disqualification and fines. […]

Diana-Ionela Citea of Dia Care Services Ltd Banned for 9 Years for Falsifying Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan

Diana-Ionela Citea, director of Dia Care Services Ltd, faces a nine-year ban for overstating her company’s turnover to secure a £50,000 Lloyds Bank Bounce Back Loan, which was misused for personal accounts. […]

Karwan Shamsadin Najmadin Najmadin of Charcoal Chicken (Wallasey) Ltd Banned for 7 Years for Failing to Account for Lloyds Bank Bounce Back Loan

Karwan Shamsadin Najmadin Najmadin, director of Charcoal Chicken (Wallasey) Ltd, faces a seven-year ban for not providing accounting records to the liquidator, preventing verification of the usage of a Lloyds Bank Bounce Back Loan. […]

Mathew Jamalidini of Touch Phones Communications Ltd Banned for 9 Years on Christmas Day for Falsifying Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan

Mathew Jamalidini, director of Touch Phones Communications Ltd, faces a nine-year ban, starting Christmas Day 2024, after overstating his company’s turnover to secure a £50,000 Lloyds Bank Bounce Back Loan. […]

Kaisser Sharif of Kai Finance and Kai Automotive Ltd Banned for 11 Years for Securing £100,000 in Lloyds Bank Bounce Back Loans and Failing to Account for Funds

Kaisser Sharif, director of Kai Finance and Performance Ltd and Kai Automotive Ltd, faces an 11-year ban for fraudulently obtaining two £50,000 Lloyds Bank Bounce Back Loans and not adequately explaining their usage. […]

Jonathan Smith of Cast Interiors Ltd Banned for 8 Years for Misusing Lloyds Bank Bounce Back Loan and Withholding Company Accounts

Jonathan Smith, director of Cast Interiors Ltd, faces an eight-year ban for using his company’s Lloyds Bank Bounce Back Loan for personal benefit and failing to provide company accounts to the liquidator. […]

Judge Briggs Orders Winding Up of Companies Accused of Defrauding Lloyds and Bank of Scotland with Bounce Back Loans

After delays, Judge Briggs has issued winding-up orders for multiple companies suspected of defrauding Lloyds Bank and Bank of Scotland through misuse of Bounce Back Loans. The rulings mark a significant step in holding businesses accountable for alleged loan fraud. […]

Ruxanda Guja of Roxy Contracts Limited Banned for 13 Years and Ordered to Pay £114,630 for Illegally Securing £145,000 in Three Bounce Back Loans

Ruxanda Guja, a Romanian director of Roxy Contracts Limited, faces a 13-year ban, starting Christmas Eve, and must pay £107,038 plus £7,592 in costs for fraudulently obtaining three Bounce Back Loans totalling £145,000 from Barclays, Lloyds, and HSBC. […]

Divinder Singh Pahal of DSP Smithys Hotel Ltd Banned for 7 Years for Misusing Lloyds Bank Bounce Back Loan by Transferring Funds

Divinder Singh Pahal, director of DSP Smithys Hotel Ltd, faces a seven-year ban for not using his company’s Lloyds Bank Bounce Back Loan for business purposes, instead transferring funds to himself and an associated company. […]

Andrew Henry Hatton-Woods of South Street Homes Limited Banned for 10 Years for Falsifying Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan

Andrew Henry Hatton-Woods, director of South Street Homes Limited, faces a 10-year ban, starting December 5, 2024, after overstating his company’s turnover to secure a £50,000 Lloyds Bank Bounce Back Loan. […]