Over-Egging His Company Turnover to Blag a £50k Lloyds Bank Bounce Back Loan and Withdrawing the Money in Cash and Sending Some to Third Parties Leads to an 11 Years Ban for a Birmingham Based Director
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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