A builder has been disqualified as a company director for 10 years after he falsely claimed a loan under the Covid Bounce Back scheme.
Marcel Ion, 39, from Bromley in south-east London, claimed his company’s turnover was more than double what it actually was and put 35,000 from the loan into his personal bank account.
Mr Ion was the sole director of Mavion Group Ltd, registered in Dagenham.
It is the latest in a series of London cases involving the government scheme.
Under the rules of the Bounce Back scheme, companies could apply for a loan of between 2,000 and 50,000 – with any money lent having to be used for the economic benefit of the company.
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