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A Romford-based builder who fraudulently claimed tens of thousands of pounds through the UK’s Covid-19 Bounce Back Loan Scheme has agreed to repay the money following action by the Insolvency Service.
The Insolvency Service continues to pursue recovery action and disqualification proceedings against individuals and businesses who misused Covid relief funds.
What Happens Next?
Under the terms of his disqualification, Marcu is barred from acting in any capacity as a company director or being involved in the promotion, formation, or management of a business without court permission until 2035.
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For more details on this and similar cases, visit the Insolvency Service or Gov.uk business enforcement updates.
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