The Disqualification Files Archives

For Bagging a Bounce Back Loan from NatWest Three Times Higher Than the Amount He Was Eligible For By Over-Egging His Business Turnover a Director is Hit with a 6 Year Ban

April 28, 2023

This is one of the much more lenient Company Director Disqualifications of just 6 years, but then again all he did was over-egg his turnover and leave it unpaid. […]

Having Blagged a £50k BBL From NatWest By Estimating His Business Turnover Was £225,000 When It Was in Fact Just £30 and Therefore Not Eligible For a BBL, a Company Director is Slapped with an 11 Year Ban

April 28, 2023

The Secretary of State decided an 11 year ban was the suitable punishment for this Company Director blagging a BBL when his actual turnover figure meant he wasn’t eligible for one in the first place. […]

6 Year Disqualification for Director Who Left Liquidators Unsure Whether the Funds Obtained from a £25k BBL Were Used for the Benefit of His Company and Where the Money From a Toyota SG Cruiser Sold in Romania Went

April 28, 2023

This now missing Bounce Back Loan was approved and paid out by Lloyds Bank. […]

Lloyds Bank Claim on the Government Guarantee as Company Director is Given an 11 Year Ban For Over-Egging His Business Turnover to Bag a £50k Bounce Back Loan from them and Not Using it for the Benefit of the Business

April 27, 2023

Here are the finer details that led to the Company Director named being slapped with an 11 year ban for his skulduggery related to a £50k Lloyds Bank Bounce Back Loan. […]

Due to One Bank Not Being Bothered to Check the Shared Industry Database a Company Director Gets Away with Blagging Two BBL’s Leaving Both Unpaid at Liquidation, He Has Just Been Given a 12 Year Ban

April 27, 2023

Despite the Share Industry Database having been in place a few months after the launch of the BBL scheme, which lenders had to check to see if anyone applying for a BBL had already got one, one of the two banks who got blagged out of the BBLs mentioned in this case have previously admitted they never started checking that database […]