
Taunton Director Banned for 10 Years for Falsely Claiming £220,000 Turnover to Get £50,000 Bounce Back Loan

A director faces an 11-year ban after overstating his business turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan and failing to use it for business purposes. […]
Asim Mohammed, director of Frozen Beverages Ltd, has been disqualified for 10 years for exaggerating company turnover to obtain a £50,000 Barclays Bounce Back Loan. The ban, effective immediately, follows an investigation into misuse of government-backed financial support. […]
Claiming a £210,000 turnover when it was only £4, a director secured a £50,000 Barclays Bounce Back Loan, misused it, and now faces an 11-year ban. Dive into this audacious case. […]
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