Ice cream shop owner banned after 'falsely claiming' £50,000 government Covid support loan
The owner of an ice cream shop has been hit with a ban of ten years after 'falsely' claiming for a £50,000 government loan during the Covid pandemic. Belinda Bakerman, who owned a Southport ice cream parlour is banned from running any company for a decade.
The money claimed for Bella's Ice Cream was then shifted in to a company owned by a relative, with almost none of the £50K repaid by the time the business went in to a state of liquidation. The cash injection was on the condition that the money was used only for the benefit of businesses. A maximum amount available of 25% of annual turnover was set up for companies created before 2019.
The Insolvency Service, however, found that the business had been incorporated in late 2018 and the accounts showed a turnover of £52,000 between March 2019 and March 2020, when the pandemic took full effect. Bank analysis showed receipts of just £31,000 in that period.
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