
Two Sole Traders Banned for Bounce Back Loan and CBILS Violations

A director faces a nine-year ban after exaggerating his business turnover to obtain a £50,000 Metro Bank Bounce Back Loan and using £49,000 for personal benefit. […]
Nick Addison, director of Addison’s Quality Ltd, has been banned for 13 years, the longest disqualification for Bounce Back Loan misuse, for inflating turnover to secure a £50,000 Barclays Bounce Back Loan. The ban was imposed by the High Court. […]
A director’s turnover inflation and refusal to explain a £35,000 Barclays Bounce Back Loan’s use led to an 11-year ban. Dive into the fraud and secrecy behind this case. […]
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