Natwest – Bounce Back Loan

Karamjit Singh Panesar Director of Diamond Designs and Build Limited Slapped with a 10-Year Ban for Securing Duplicate £50,000 Bounce Back Loans

Karamjit Singh Panesar, director of Diamond Designs and Build Limited, has been banned for 10 years after fraudulently obtaining two £50,000 Bounce Back Loans—one from NatWest and another from Santander—for the same company. The Insolvency Service deemed his actions a deliberate misuse of the government’s loan scheme. […]

Ergun Mehmet, Director of EMS Taxis Limited, Starts 10-Year Ban for Over-Egging Turnover to Blag £50,000 NatWest Bounce Back Loan

Ergun Mehmet, director of EMS Taxis Limited, begins a 10-year ban on the 14th of August 2025 for exaggerating his company’s turnover to fraudulently obtain a £50,000 NatWest Bounce Back Loan. […]

Surendra Kandiah, Director of New Brands Asia Limited, Gets 11-Year Ban After Creditor Winding-Up Reveals Blagged Second £50,000 Bounce Back Loan

Surendra Kandiah, director of New Brands Asia Limited, faces an 11-year ban after a creditor’s High Court winding-up exposed his fraudulent acquisition of a second £50,000 Bounce Back Loan. […]

Mohammed Saqib Choudrey, Director of Legit Limited, Gets 10-Year Ban for Blagging £50,000 NatWest Bounce Back Loan for Off-the-Shelf Company and Personal Transfer

Mohammed Saqib Choudrey, director of ironically named Legit Limited, faces a 10-year ban from the 29th of July 2025 for fraudulently obtaining a £50,000 NatWest Bounce Back Loan for an off-the-shelf company and transferring it to himself. […]

Mohammed Saqib Choudrey Banned for 10 Years Over £50,000 Bounce Back Loan Scam

Mohammed Saqib Choudrey, director of Legit Limited, faces a 10-year directorship ban starting July 29, 2025, for fraudulently securing a £50,000 NatWest Bounce Back Loan. Choudrey, who purchased the company off-the-shelf, transferred the funds to himself, breaching loan terms. The ban reflects the severity of his misuse of government-backed financial support. […]

Stephen Mattocks Banned for 7 Years for Bounce Back Loan Irregularities

Stephen Peter Mattocks, director of Virtue Bespoke Lodges Ltd, has been banned for 7 years after overstating his company’s turnover to obtain a £50,000 NatWest Bounce Back Loan. His claim that the company was not trading, contradicting loan eligibility, led the Insolvency Service to impose the directorship ban. […]

Joseph Andrew Judge, Director of Judge Electrical Rail Ltd, Faces 10-Year Ban Starting July 10, 2025, for Inflating Turnover to Secure £50,000 Bounce Back Loan

Joseph Andrew Judge, director of Judge Electrical Rail Ltd, has been hit with a decade-long directorship ban, effective from July 10, 2025, after falsifying his company’s turnover to obtain a £50,000 Bounce Back Loan. […]

John Awen, Ethical-Fest Ltd Director, Hit with 11-Year Ban Starting July 2, 2025, for Blagging and Misusing a £50,000 NatWest Bounce Back Loan

John Awen, director of Ethical-Fest Ltd, faces an 11-year directorship ban starting July 2, 2025, after inflating his company’s turnover to secure a £50,000 Bounce Back Loan from NatWest, for which the company was ineligible anyway. […]

Tyran Djemal and Demetrious Anastasiou Banned for Fraudulently Obtaining £50,000 NatWest Bounce Back Loan

Tyran Djemal, director, and Demetrious Anastasiou, shareholder of The Farmula Limited, have been disqualified from acting as directors for six and seven years, respectively, after fraudulently securing a £50,000 Bounce Back Loan from NatWest. […]

Robert James Smith of Grand Slam Search Limited Faces 11-Year Ban Starting Today, June 25, 2025, for Blagging and Misusing £50,000 NatWest Bounce Back Loan

Robert James Smith, director of Grand Slam Search Limited, has been disqualified from holding a directorship for 11 years, effective from today, June 25, 2025. The ban stems from his fraudulent acquisition of a £50,000 Bounce Back Loan from NatWest, where he exaggerated his company’s turnover and failed to demonstrate that the funds were used for legitimate business purposes. […]