The Caithness Business Index has posted the following article:

Ban And Tagging For Directors Who Abused Bounce Back Loan Scheme

[IMG][/IMG] Three businessmen from southeast England each claimed the maximum £50k Bounce Back Loan and one dissolved his company to avoid repayment. Ivan Hristov Fratev, 57 and Bradley Malone, 57, both from London, and Ryan William Moir, 34, from East Sussex, have been banned from running businesses for a total of 26 years, after each separately claimed £50,000 for their companies in breach of the loan scheme's rules. [Read Full Article]