Abdulrazag Zagroba, 54, is the first person to be prosecuted for fraudulently claiming £20,000.
He failed to disclose to the bank that the company was already in the process of being dissolved and signed the loan declaration stating the company would be able to make repayments.
Investigators said Zagroba, who has also been disqualified from acting as a director for seven years, claimed he arranged for friends to travel with about £14,000 in cash to give to his family abroad and used the remaining £6,000 to buy a car and insurance.
France Dernières Nouvelles, France Actualités
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