
6-Year Ban for Spending £20k of Bounce Back Loan on Personal Use

A director who defied the Insolvency Service and refused to explain the use of a £50,000 Co-Operative Bank Bounce Back Loan faces a 9-year ban. Learn how this defiance led to penalties. […]
Bounce Back Loan fraud, such as fake invoices, has led to directors facing disqualification and financial penalties. […]
Attila Kovacs of Bristol was sentenced to 19 months for securing two Bounce Back Loans for non-existent businesses, spending the funds like a lottery jackpot. […]
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