Andrei Georgescu, Director of Villrose Ltd Banned for 9 Years for Claiming His Company Turnover Was £192,000 to Blag a £48,000 Bounce Back Loan, When His Real Turnover Was Just £547, He Won’t Care Though as He Has Legged it Back to Romania
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Corruption Commissioner
HMRC, Cabinet Office and the Department of Business and Trade Have Now Flagged Bounce Back Loan Recipients Whose Actual Turnover Didn’t Match Their BBL Application and/or LTD Companies Who Were Not Registered for VAT But Declared a BBL Turnover Figure That Required VAT Registration