
11-Year Ban for Wellingborough Director’s Dual Bounce Back Loan Fraud

Sebastian Mierzwa, director of Paullo Ltd, faces a 10-year ban, for exaggerating turnover to obtain a £50,000 Barclays Bounce Back Loan. The disqualification reflects a serious breach of the loan scheme’s terms uncovered during an investigation. […]
HSBC refused to amend a lower turnover figure for a Bounce Back Loan, citing fixed rules. The Ombudsman upheld the complaint, ordering compensation for the restriction. […]
Ejaz Ahmed’s six-year ban stems from transferring a £50,000 Santander Bounce Back Loan to himself in £5,000 chunks, failing to explain its subsequent use. […]
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