Case details for IOAN CARIAN



Date of Birth: 7 / 1 / 1976

Date Order Starts: 28 / 12 / 2022

Disqualification Length: 11 Years 0 Month(s)

CRO Number: 10972254

Last Known Address: 28 Bailey Street,, , , , NEWPORT, NP20 4DJ

Conduct: Ioan Carian (“Mr Carian”) caused Ioan Carian Limited (“ICL”) to breach the conditions of the Bounce Back Loan (“BBL”) Scheme by overstating annual turnover in order to obtain a loan of £50,000, when he knew or ought to have known that ICL was not eligible for a loan of that amount, in that : The BBL criteria allowed a business to borrow between £2,000 and up to 25% of the company turnover (up to a maximum of a £50,000 loan) On 24 September 2020 Mr Carian applied for a BBL on behalf of ICL and stated on the BBL application form that ICL’s turnover was £205,800 ICL’s end of year accounts for the period ended 30 September 2019 show turnover of £25,170, meaning that ICL was eligible for a maximum loan of £6,293 On 28 September 20202 ICL received £50,000 in respect of the BBL The BBL remains outstanding at the date of liquidation. 

This information is correct as at 8 / 12 / 2022

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