Bounce Back Loans

A director of three property management companies based in Glasgow has been disqualified as a director for 12 years after using his companies to take out Bounce Back Loans totalling £135,000 that the companies were not eligible for. Brendan Michael Gaughan, 40, was director of Gaughan Group Lt

The Insolvency Services has been using new powers to tackle fraudulent use of Covid loans. Several directors have been banned in the last month after investigations showing misuse of Covid loan money.