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Insolvency Service reports 13-year directorship ban for business owner after BBL fraud

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Published on: 08 April 2025

Published by LNB News

LNB News 08/04/2025

Document Information

Issue Date: 08 April 2025

Published Date: 08 April 2025

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Insolvency Service has announced a 13-year directorship disqualification for Adam Ebrahim following fraudulent coronavirus bounce back loan (BBL) applications totalling £100,000. Ebrahim secured maximum-value loans for two non-trading companies by falsely claiming annual turnovers of £400,000 and £235,000. The companies, Chicken Grill Cottage Ltd and Presto Delivery Ltd, entered liquidation in June 2022 owing over £100,000. Ebrahim has been ordered to pay £9,555 in costs and is prohibited from company directorship until April 2038 without the court's permission.

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