Santander – Page 2 – Bounce Back Loan

Baboucar Jack, Director of Essentials Trading UK Ltd, Starts 10-Year Ban for Overstating Turnover by Over 12 Times to Fraudulently Obtain £50,000 Santander Bounce Back Loan

The Bounce Back Loan scheme’s vulnerabilities enabled fraud, with directors disqualified for falsifying application details. […]

Robert David Ryce, Director of Track 4 Safety Ltd, Faces 11-Year Ban for Fraudulently Obtaining Santander Bounce Back Loan and Top-Up for Non-Trading Company

The Insolvency Service has disqualified directors for using Bounce Back Loans to settle personal obligations. […]

Sharon Anne Kilbane, Director of Kilbane Services Ltd, Receives 8-Year Ban for Fraudulently Obtaining £50,000 Santander Bounce Back Loan When Entitled to £10,108

Bounce Back Loan misuse, including payments to dubious parties, has led to directors facing disqualification. […]

Rosen Dimitrov, Director of RD Master Ltd, Starts 9-Year Ban for Claiming £70,000 Turnover to Secure £17,000 Santander Bounce Back Loan When Actual Turnover Was £357

Misusing Bounce Back Loans for personal luxury items has led to directors facing disqualification. […]

Mokshudur Rahman, Director of Kington Cuisine Ltd, Banned for 11 Years for Overstating Turnover and Withdrawing Santander Bounce Back Loan in Cash

Mokshudur Rahman’s 11-year ban follows exaggerated turnover claims and cash withdrawal of a Santander Bounce Back Loan, neglecting business obligations. […]

Brian McGrath, Director of McGrath Truck Modifications Ltd, Faces 5-Year Ban for Failing to Repay Santander Bounce Back Loan After CBILS Loan

Brian McGrath’s five-year ban results from failing to repay a Santander Bounce Back Loan after securing a CBILS loan, breaching government scheme rules. […]

Matthew John Letman and Margaret Gemma Ferguson, Directors of Letman Group Limited, Receive Matching 5-Year Bans for Failing to Repay Santander Bounce Back Loan After CBILS Loan

Matthew John Letman and Margaret Gemma Ferguson’s matching five-year bans stem from failing to repay a Santander Bounce Back Loan after securing a CBILS loan. […]

Craig Richard Rowell, Director of Akat Logistics Ltd, Banned for 11 Years for Overstating Turnover and Using Santander Bounce Back Loan for Property Purchase

Craig Richard Rowell’s 11-year ban stems from inflating turnover to secure a Santander Bounce Back Loan, used to help buy property with a third party. […]