Barclays Seizes Bounce Back Loan for Late Company Formation, Ombudsman Dismisses Complaint
BBL Blaggers
Rizvana Hussain, Director of FIC 001 Ltd, Banned for 10 Years for Misrepresenting Turnover to Secure £50,000 Barclays Bounce Back Loan
Rizvana Hussain, director of FIC 001 Ltd, faces a 10-year ban for exaggerating turnover by £258,513 to secure a £50,000 Barclays Bounce Back Loan. The disqualification reflects misuse of government-backed funds. […]
BBL Blaggers
Neil James Pigdon, Director of Sunshine Playgrounds Limited, Receives 5-Year Ban for Failing to Repay Barclays Bounce Back Loan After CBILS Loan
Neil James Pigdon, director of Sunshine Playgrounds Limited, has been banned for five years for not repaying a Barclays Bounce Back Loan after securing a Funding Circle CBILS loan, as required. The ban highlights financial misconduct. […]
Special Reports
Barclays Fails to Update Bounce Back Loan Direct Debit; Ombudsman Awards £200 Compensation
A Barclays customer complains about the bank’s failure to switch his Bounce Back Loan direct debit to a new account; Ombudsman grants £200 compensation. […]