Barclays Ordered to Pay £250 for Eight-Month Bounce Back Loan Delay, Ombudsman Upholds Complaint
BBL Blaggers
9-Year Ban for Bounce Back Loan Turnover Fraud and Misuse
A director’s lies about turnover and business health to secure a Barclays Bounce Back Loan, then using it personally, led to a 9-year ban. Delve into this case of financial deceit. […]
BBL Blaggers
Hyett Elizabeth Ghoul, Director of Awtar Limited, Banned for 7 Years for Misrepresenting Turnover to Secure £50,000 Barclays Bounce Back Loan
Hyett Elizabeth Ghoul, director of Awtar Limited, has been banned for seven years for using an unreasonable turnover estimate to secure a £50,000 Barclays Bounce Back Loan. The ban reflects misuse of government-backed funds. […]
BBL Complaints Dismissed
NatWest seized a £12k Bounce Back Loan without providing a reason. The Ombudsman dismissed the complaint, upholding the bank’s right to secrecy.
Another case in which an Ombudsman has decided NatWest were right to snatch back someone’s Bounce Back Loan but tell the customer he will never be told the reasons why. […]