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Ex-Shoe Shop Owner Banned for COVID Loan Fraud

Published 1 week, 1 day ago
Description

Former Armagh shoe shop owner, Gerard Gaffney, banned from directorship for seven years due to COVID bounce back loan misconduct. He overstated business turnover, receiving £33,604 more than he should have, leading to the collapse of Gaffneys Fashions Limited and debts of nearly £172,000. This is one of sixteen accepted disqualification deals and five court orders in the financial year, highlighting continued enforcement on loan misuse.

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