Insolvency Service reports director imprisonment for BBL misrepresentation
The Insolvency Service has reported that Craig Smith, director of C.A.S. Property Maintenance (Midlands) Limited, has bee sentenced to two years and one month in prison at Wolverhampton Crown Court for fraud by false representation. Smith fraudulently obtained a £50,000 Covid bounce back loan (BBL) in August 2020 by claiming his annual turnover was £200,000 when it was £33,578. The 42-year-old from Dudley had pleaded guilty to one count of fraud by false representation at Wolverhampton Crown Court on 14 August 2025. Smith resigned as director in July 2021 without filing accounts for the company, which was dissolved in 2022.