Having Massively Over-Egged His Turnover to Blag a £50k BBL from Barclays, Then Sent the Money to Himself and Third Parties, and Withdrawn Some in Cash, Then Taken the Insolvency Route Himself, a Director Gets an 11 Year Ban
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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