Metro Bank – Page 8 – Bounce Back Loan

London Director Banned for 7 Years for Securing £50,000 Metro Bank Bounce Back Loan for Ineligible Business

A London-based director has been disqualified for seven years after obtaining a £50,000 Metro Bank Bounce Back Loan for a business ineligible due to its trading start date. […]

Director Banned for 11 Years for Misusing £49,774.50 of £50,000 Metro Bank Bounce Back Loan and Falsifying Turnover

A director faces an 11-year ban after using £49,774.50 of a £50,000 Metro Bank Bounce Back Loan for personal benefit and overstating his business turnover to secure the loan. […]

Calls Grow for Covid Commissioner to Investigate Sunak’s Ties to Collapsed Firms

Labour’s Covid Corruption Commissioner faces pressure to examine Rishi Sunak and his wife’s connections to failed companies that received government-backed funds. […]

NATIS Arrests One in East London, Summons Another Over £1M Covid Grant Fraud Investigation

NATIS raids East London, arresting one suspect and requesting an interview with another in a £1M Covid grant scam linked to Bounce Back Loans. […]

NATIS Arrests Three in Greater London Over £3.7M Bounce Back Loan Fraud Scheme

The Bounce Back Loan fraud squad hits Greater London, apprehending three suspects tied to a massive £3.7M scam involving fraudulent loans. […]

Chalfont St Giles Director Banned for 6 Years for Falsely Claiming £4 Million Turnover to Secure £50,000 Metro Bank Bounce Back Loan

A Chalfont St Giles director faces a six-year ban after falsely claiming a £4 million turnover to obtain a £50,000 Metro Bank Bounce Back Loan, when his actual turnover was zero. […]

Director Banned for 10 Years and Settles for £10,000 After Securing £50,000 Metro Bank Bounce Back Loan for Non-Trading Company

A female director faces a 10-year ban and a £10,000 settlement after fraudulently obtaining a £50,000 Metro Bank Bounce Back Loan for a company with zero turnover that never traded. […]

Director Banned for 11 Years for Securing £50,000 Metro Bank Bounce Back Loan for Ineligible, Non-Trading Company

A director faces an 11-year ban after obtaining a £50,000 Metro Bank Bounce Back Loan for a company he knew or should have known was ineligible due to its non-trading status and lack of submitted accounts. […]

Director Banned for 7 Years and Pays £60,000 After Overstating Turnover to Secure Metro Bank Bounce Back Loan

A director has been disqualified for seven years and ordered to pay £60,000 after exaggerating his business turnover to obtain a Metro Bank Bounce Back Loan. […]

Director Banned for 10 Years for Fraudulently Securing £50,000 Metro Bank Bounce Back Loan with Zero Turnover and No Covid Impact

A director faces a 10-year ban after fraudulently obtaining a £50,000 Metro Bank Bounce Back Loan by claiming a turnover when his business had none, was not trading, and was unaffected by Covid. […]