Insolvency Service Bans 736 Directors and Issues 87 Bankruptcy Restrictions in 2024-25 for Bounce Back Loan Fraud
BBL Blaggers
Maria Helena De Abreu, Brazilian Director of Gaia Hair and Beauty Ltd, Begins 10-Year Bankruptcy Ban for £50,000 Loan Fraud
Maria Helena De Abreu, a Brazilian national and director of Gaia Hair and Beauty Ltd, starts a 10-year bankruptcy restriction order on May 21, 2025, after fraudulently securing a £50,000 Bounce Back Loan from Lloyds Bank. […]
Special Reports
Metro Bank Customer’s Complaint Rejected by Ombudsman After Claiming Bank Denied a Five-Year Repayment Holiday for Her Company’s Bounce Back Loan, Leading to Default
A Metro Bank customer’s claim of a denied five-year Bounce Back Loan repayment holiday is dismissed by the Ombudsman, resulting in default. […]
BBL Blaggers
Azhar Ali Shafiq, Director of Buy1248 Ltd, Receives 9-Year Ban for Grossly Overestimating Turnover by 26 Times to Secure a Bounce Back Loan
Azhar Ali Shafiq, director of Buy1248 Ltd, has been handed a 9-year directorship ban after exploiting the Bounce Back Loan scheme. […]