Vasile Varga the Director of Falkirk Traders Ltd Slapped with an 11 Year Ban for Over-Estimating His Company’s Estimated Turnover to Get a £50,000 Bounce Back Loan and Providing No Evidence His Company Was Trading or How the BBL Funds He Transferred Out Benefited the Company
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Watch Your Backs
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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


